Statistical discrimination is when you take action to:
A) reveal private information about someone else.
B) reveal one's own private information.
C) find out the opportunity cost of acquiring more information.
D) fill gaps in your information by generalizing based on observable characteristics.

Question

Quizplus · Accepted Answer

Statistical discrimination is a decision-making process where one fills gaps in their information by using observable characteristics to make judgments about an individual or group. This can lead to discrimination based on factors such as race, gender, or age. It does not involve revealing private information about oneself or others, nor does it relate to opportunity cost.

Statistical Discrimination Is When You Take Action To