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Rational Behavior Vocabulary
N/A
5
Economics
Undergraduate 1
11/06/2012

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Cards

Term
greed
Definition
(noun, negative) a strong desire for more food, money, power, possessions etc than you need.
E.g.: Burning the rainforest is motivated by greed.
Term
determine
Definition
(verb) to find out the facts about something.
E.g.: Experts have been unable to determine the cause of the explosion.
Term
constraint
Definition
(noun) something that limits your freedom to do what you want.
E.g.: The government has placed constraints on further research.
Term
assumption
Definition
(noun,neutral) something that you think is true although you have no proof.
E.g.: We are working on the assumption that prices will rise.
Term
controversial
Definition
(adjective) causing a lot of disagreement amoung people.
E.g.: The site of the new road has been a controversial issue.
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