A Dictator Is Most Likely to

question 43

Multiple Choice

A dictator is most likely to

• A) adopt a Rawlsian social welfare function.
• B) maximize her own utility.
• C) place equal weight on everyone's utility function.
• D) have nontransitive preferences.

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Definitions:

Attitude Components

The cognitive, affective, and behavioral aspects of an attitude that respectively represent beliefs, feelings, and intentions towards an object or issue.

Experiential Hierarchy

The organization of experiences and learnings in a manner where they are structured from the most basic to the most complex.

Low-Involvement Hierarchy

A consumer decision-making process for products or services that are perceived as low risk and have little emotional connection, often involving limited information search and simple evaluation processes.

Behavioural Learning

The process of acquiring new behaviors and knowledge through the interaction with the environment, often involving stimuli and responses.