Study your flashcards anywhere!

Download the official Cram app for free >

  • Shuffle
    Toggle On
    Toggle Off
  • Alphabetize
    Toggle On
    Toggle Off
  • Front First
    Toggle On
    Toggle Off
  • Both Sides
    Toggle On
    Toggle Off
  • Read
    Toggle On
    Toggle Off
Reading...
Front

How to study your flashcards.

Right/Left arrow keys: Navigate between flashcards.right arrow keyleft arrow key

Up/Down arrow keys: Flip the card between the front and back.down keyup key

H key: Show hint (3rd side).h key

A key: Read text to speech.a key

image

Play button

image

Play button

image

Progress

1/5

Click to flip

5 Cards in this Set

  • Front
  • Back
Fairness
Fairness is judged by how the situation is framed.
Ultimatum
Rationally we should accept any offer that is higher than zero. But we don't.

Norms of equity lead us to reject offers that are unequal. They can also lead us to accept equal split offers prematurely.

Tendency to offer more more equal amounts as a counteroffer, when we could get a better deal.
Concern for the Outcomes of Others
People are concerned with out their outcomes compare to the outcomes of others.(Equity Theory)

The outcomes of others act as a key reference point in interpersonal decisions.
Procedural Justice
We care more about procedural justice when rating a specific outcome.

We care more about absolute outcomes in a choice response.

Self-interest is always more important.

People CAN judge by equity, but often choose inequitable, but economically favorable.
Fairness Framing
Paid equally among company.
Paid inequal in company, but more than would get at another company.

Separate - Choose equal
Together - Choose inequal