Examlex
Internal reports are more likely to be misinterpreted than external reports.
Diffuse Costs
Costs that are spread out over many consumers or taxpayers, making them hard to identify and attribute to any single action.
Median-Voter Model
A theory suggesting that the outcome of majority voting processes will reflect the preferences of the median voter.
Cost-Benefit Analysis
A systematic approach to estimate the strengths and weaknesses of alternatives, assessing the value of costs and benefits to support decision-making.
Paired-Choice Majority Votes
A voting method in which voters choose between pairs of candidates or options, with the majority preference deciding the outcome.
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