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For example, the decoy effect shows that inserting a $5 medium soda between a $3 small and $5.10 large can make customers perceive the large as a better deal (because it's "only 10 cents more than the medium"). Behavioral economics introduces models that weaken or remove many assumptions of consumer rationality, including IIA. This provides ...
Copeland's method falls in the class of Condorcet methods, as any candidate who wins every one-on-one election will clearly have the most victories overall. [1] Copeland's method has the advantage of being likely the simplest Condorcet method to explain and of being easy to administer by hand.
Copeland v Greenhalf [1952] Ch 488 is an English property law case establishing that excessive use of another's land cannot be granted by way of an easement. The defendant claimed that he held a prescriptive right to leave an unlimited number of cars on his neighbour's land, by way of such a right having existed for some fifty years previously.
The first is "benefit-detriment theory," in which a contract must be either to the benefit of the promisor or to the detriment of the promisee to constitute consideration (though detriment to the promisee is the essential and invariable test of the existence of a consideration rather than whether it can be constituted by benefit to the promisor ...
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Upload file; Special pages; Permanent link ... Download QR code; Print/export Download as PDF; Printable version; In other projects Wikidata item ... Copeland v. Sec ...
Failure of consideration is a highly technical area of law. Particular areas of controversy include: Whether the failure of the consideration must be 'total', [3] and the scope and meaning of such a requirement; Whether 'consideration' refers not only to bargained-for counter-performance by the defendant, but also a legal or factual state of ...
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