Examlex
Which of the following is the BEST example of a pure public good?
Commons Dilemma
A situation in which individuals' short-term selfish interests are in conflict with long-term group interests and common good.
Prisoner's Dilemma
A scenario in game theory in which two individuals acting in their own self-interest do not produce the optimal outcome for either party.
Ultimatum Game
A game in economic experiments where two players decide on how to divide a sum of money; the proposer suggests a division and the responder can either accept or reject it.
Entitativity
The degree to which a collection of people feels like a cohesive group.
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