Final Review FSU, PUP 3002: Quiz 11, PUP 3002:
Quiz 12, PUP 3002: Quiz 13 – Questions &
Solutions
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Terms in this set (156)
What does the following Prospect Theory
formula represent?
𝐸𝑈=∑𝑤(𝑝𝑖)𝑣(𝑥𝑖)𝑛𝑖=1
Social factors, like Psychic rewards
attaining social prestige
or social disapproval, and
emotional rewards are
benefits and costs just
like material rewards and
punishments. What are
these rewards called?
An individual can choose risk averse.
to receive a guaranteed
$5 or take a 50% chance
of receiving either $12 or
$0. The individual who
chooses the guaranteed
$5 is said to be
the value an individual could have received but
Opportunity cost is
gave up to pursue another option.
To reduce crime, the ____ Broken Windows theory
advocates targeting
minor offenses.
,Goelzhauser (2012) finds more
that states in which
judges are elected have
____ capital punishment
convictions than states
without judicial elections.
Why has public support Growing awareness of errors in convictions.
for the death penalty
been diminishing?
What calculates the Expected utility
probability of an
outcome multiplied by
the utility of an outcome
summed across all
possible outcomes of a
choice?
What is one factor that Implementing truth-in-sentencing laws
increases the cost of
crime?
____ is an individual's skill Human capital
set.
The US Fair Housing Act Sexual preferences
says nothing about what
type of discrimination?
The concept of _________ audience cost
suggests that, when the
majority is forced to
backtrack on its well-
publicized policy to
expand minority rights,
their supporters may
punish them for their
broken promise.
, The problem of time one party finds that as time passes they have an
consistency arises incentive to violate their promise.
between two parties
when
According to the the utility that the majority gets from withholding
subgame perfect rights from the minority are lower than the costs of
equilibrium a majority denying those rights.
who controls rights will
submit rights to the
minority when
What does status quo The existing state.
refer to?
The Federal Fairness Doctrine
Communications
Commission established
the ____, which requires
that broadcasters
provide time for public
service broadcasting and
that they present
opposing views so that
the public has diversity of
opinion.
In Roe v. Wade the US affirmed that
Supreme Court ____
women had the right to
privacy in determining
whether to seek an
abortion.
T/F: As a result of Citizens True
United v. Federal Election
Commission,
independent groups can
now make unlimited
donations to political
campaigns.