The Idea That the Pursuit of Self-Interest with No Consideration

question 25

Multiple Choice

The idea that the pursuit of self-interest with no consideration for societal interests leads to disaster is called the _____.

• A) "tragedy of the commons"
• B) "market for lemons"
• C) "halo effect"
• D) "race to the bottom"
• E) "prisoner's dilemma"

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Definitions:

Tolman's Theory

A theory proposed by Edward C. Tolman that emphasizes cognitive processes in learning, suggesting that individuals form cognitive maps to navigate and understand the environment.

Information

Data that is processed, organized, or structured in a given context to make it meaningful, useful, or actionable.

Emotions

Complex psychological states that involve three distinct components: a subjective experience, a physiological response, and a behavioral or expressive response.

Klinger's Model

A psychological framework that explains how individuals continue or disengage from goal-directed behavior.