Examlex
Research suggests that when we do self-evaluations,our scores are consistently higher than the scores given us by our peers and superiors.This is an example of self-enhancement bias.
Transitive Preferences
In decision theory, a preference system where if an individual prefers option A to B and B to C, then they also prefer A to C.
Condorcet Paradox
A situation in majority voting where collective preferences can be cyclical and inconsistent, despite the individual preferences being rational and transitive.
Preferred Spending
the allocation of financial resources towards goods, services, or investments that are most favored or prioritized by an individual or entity.
City Council
The legislative body that governs a city, town, or municipality, responsible for making and enforcing local laws and policies.
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