Examlex
In the CAPS program, citizens were asked to list the biggest problems in the neighborhood.What was the biggest problem according to citizens?
Dictator Games
An experimental game in economics where one participant, the "dictator," determines how to split an endowment between themselves and another participant.
Ultimatum Games
A type of game in game theory where one party makes an offer to another party, who must then accept or reject it; rejection means neither party receives anything.
Fairness
A broad concept referring to justice, equality, and impartiality in the distribution of benefits and burdens among individuals.
Mental Accounting
The psychological process of categorizing money into different accounts based on subjective criteria, affecting spending and investment decisions.
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