Examlex
Which of the following is a difference between sociology and psychology?
Time Inconsistency
Time inconsistency refers to the situation where a decision-maker's preferences change over time, especially in ways that involve a conflict between short-term and long-term interests.
Behavioral Economists
Behavioral economists study the effects of psychological, cognitive, emotional, cultural, and social factors on the economic decisions of individuals and institutions.
Fairness Concerns
Issues related to the equitable and just treatment of individuals within society, often referring to economic inequality and access to resources.
Dictator Games
An experimental game in economics where one participant, the "dictator," determines how to split an endowment between themselves and another participant.
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