In John Rawls' a Theory of Justice, People Choose the Rules

question 211

Multiple Choice

In John Rawls' A Theory of Justice, people choose the rules for distributing income from behind a veil of ignorance.People understand that ability determines income, but they do not know their abilities or the abilities of others.Rawls argues that people are risk averse and will choose the distribution rule that maximizes their income in the worst-case scenario (they have relatively little ability) .An economist would call this strategy

• A)minimax.
• B)maximin.
• C)irrational.
• D)tacit collusion.

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Definitions:

Anxiety

Anxiety or uneasiness triggered by the uncertain outcome of a particular situation.

Freudian Psychology

A branch of psychology that focuses on unconscious desires and conflicts, as theorized by Sigmund Freud.

Unconscious Conflicts

Mental struggles that originate in the unconscious mind, often from repressed emotions or desires.

Generous

Showing a readiness to give more of something, as money or time, than is strictly necessary or expected.