Simply Asking People How Much They Value a Highway Is

question 227

Multiple Choice

Simply asking people how much they value a highway is not a reliable way of measuring the benefits and costs because

• A)those who stand to gain have an incentive to tell the truth.
• B)those who stand to lose have an incentive to exaggerate their true costs.
• C)answers to the survey questions will always be downwardly biased.
• D)not everyone asked will be using the highway.

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Definitions:

False Invoices

Documents issued to request payment for goods or services not delivered or rendered, used to defraud or embezzle.

Ethics

The study of moral obligations, or separating right from wrong.

Rational Leader

A leader who makes decisions based on logic, analysis, and objectivity.

Conflicts of Interest

Situations where an individual's personal interests could improperly influence their professional duties or decisions, potentially leading to biased outcomes.