Examlex
Which of the following best describes optimal distinctiveness theory?
Lexicographic Rule
A decision-making rule where alternatives are compared based on the most important attribute first; if one option is superior, the decision is made, otherwise the next most important attribute is considered.
Attribute Preference Rule
A decision rule used by consumers, focusing on a single characteristic of a product to make a choice, often when other decision criteria are overwhelming or unclear.
Disjunctive Rule
A decision-making rule applied when choosing among alternatives, focusing on selecting the option that has at least one attribute exceeding a threshold level.
Non-compensatory Decision-making Rule
A decision rule where if an option does not meet at least one important criterion, it is dropped from consideration, regardless of its merits on other criteria.
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