Asked by
Jaspinder Singh
on Oct 14, 2024Verified
An allocation is fair if whenever one person envies another, the envied person does not envy the envier.
Allocation
Entails the distribution of resources or items amongst various projects, uses, or people within a system or economy.
Envies
The feeling of wanting to have what someone else has.
Envied Person
An individual who is the subject of envy due to possessing something desirable that others lack, such as wealth, talent, or status.
- Evaluate the impact of fairness and envy on the selection of allocations.
Verified Answer
AH
Learning Objectives
- Evaluate the impact of fairness and envy on the selection of allocations.
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