Why Do Some People Believe Informal Decision Making Is Unfair

question 73

Multiple Choice

Why do some people believe informal decision making is unfair?

• A)Most people believe informal decision making is fair.
• B)Parties interested in the proposed rule cannot comment until the rule is already published.
• C)Parties interested in the proposed rule have no notice that a rule was proposed.
• D)Parties interested in the proposed rule cannot comment.
• E)Parties interested in the proposed rule have no idea what types of evidence the agency has received from other sources.

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Definitions:

Subsidized Payoffs

Financial benefits provided, often by a government, to support or encourage certain activities or reduce associated costs.

English Auction

A bidding process where the price of the item for sale ascends with each bid, and the highest bid at the auction's close wins.

Reservation Price

Maximum price that a customer is willing to pay for a good.

Bargaining Power

The ability of a party (individual, group, company) to exert influence over the terms and conditions of an agreement or negotiation.