Quiz: Altruism and Perceptions of Fairness
AQA A level economics 7136 specification
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Building on what you've learned about behavioural economics, let's test your knowledge of altruism and perceptions of fairness!
What is altruism in economics?
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Which of the following are examples of altruistic behaviour? (Select all that apply)
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Perceptions of fairness influence consumer behaviour because individuals prefer outcomes that are {{blank0}} and avoid those that seem {{blank1}}.
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Match the items on the left with their correct pairs on the right
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Why might perceptions of fairness lead to market intervention?
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Which factors influence perceptions of fairness? (Select all that apply)
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Match the items on the left with their correct pairs on the right
What is reciprocity in behavioural economics?
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A consumer's willingness to pay may increase if they perceive the product to be {{blank0}}, or if the purchase aligns with their {{blank1}} values.
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