According to ____________________ Theory,people Calculate the Ratio of Their Outcomes

question 102

Short Answer

According to ____________________ theory,people calculate the ratio of their outcomes to their inputs,and then compare the results to the same ratio for someone else.

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Definitions:

Assignment

The transfer of rights or property from one party to another.

Delegation

The act of transferring responsibility and authority from one person to another while maintaining accountability for the outcome.

Novation

The act of replacing an obligation to perform with a new obligation, or substituting a new party into an existing contract.

Successive Assignments

The process of transferring rights or duties from one party to another over a series of transactions.