The Dean of the Education department at a major college is awarded a $250,000 grant. He is allowed to pay himself out of that gr
ant, and can also use the money for his department's improvement. A study of how much he gives himself and how much he uses for other purposes would be studying the Dean's ________.
Social value orientation is the preference or choice of a person about distributing and allocating resources such as money between himself and another person. It refers to the concern a person has for others and how much weight a person assigns to other people's well being in relation to his own . Social value orientation concept is studied in various scientific disciplines. Here the Dean's social value orientation studies how much he spends for himself and how much money he uses for the department's improvement from the awarded grant.
