Attribution Theory Suggests That When We Observe an Individual's Behavior

question 31

Multiple Choice

Attribution theory suggests that when we observe an individual's behavior, we attempt to determine whether it was internally or externally caused. That determination, however, depends largely on three factors. Which of the following is one of these three factors?

• A) stereotyping
• B) consistency
• C) anchoring
• D) rationality
• E) intuition

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Definitions:

Private Goods

Goods that are both excludable and rivalrous, meaning only paying customers can consume them, and one individual's consumption reduces the quantity available for others.

Market Failure

A situation where the allocation of goods and services by a free market is not efficient, often leading to negative externalities or public goods not being produced in sufficient quantities.

State-Owned Bridge

A bridge that is owned, financed, and operated by the government or state authorities, indicating public ownership and responsibility.

Public Good

A good that is non-excludable and non-rivalrous, meaning its use by one person does not reduce its availability to others, and no one can be effectively excluded from using it.