Examlex
Effective teams begin their work by ________.
Dictator Game
An experimental paradigm in behavioral economics and psychology, where an individual (the "dictator") determines how to split a given resource between themselves and another participant.
Behavioral Economists
Experts in a field of economics that integrates insights from psychology to understand how people make economic decisions.
Invisible Hand
A term coined by Adam Smith to describe the self-regulating nature of the marketplace, where individual self-interests unintentionally benefit society.
Fairness
The quality of making judgments that are free from discrimination, dishonesty, or injustice.
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