Hamburg Abitur Politics, Society and Economics - independent foundations key terms
Hamburg Abitur Politics, Society and Economics - independent foundations · Get comfortable with the vocabulary.
- Solidarity financing
Pooling resources according to defined contribution rules to cover need across people with differing incomes, health risks and family circumstances.
- Risk adjustment
An allocation mechanism accounting for differences in insured populations so competing funds have weaker incentives to seek only low-risk members.
- Efficiency
The relationship between resources used and valued outputs or outcomes, requiring an explicit quality and time horizon rather than merely low spending.
- Equity
A judgment about fair distribution of opportunities, burdens or services, which must state the relevant principle and affected groups.
- Adverse selection
A problem arising when private information about risk affects participation in insurance pools and can destabilize coverage or pricing.
- Income
A flow of resources received over a specified period, distinguished from assets and liabilities measured at a particular time.
- Wealth
A stock of assets less liabilities at a specified date, requiring separate measurement from periodic earnings or disposable income.
- Socialization
The lifelong interaction through which people acquire and reinterpret norms, roles, identities and expectations within changing social environments.
- Gini coefficient
A summary distribution measure whose interpretation depends on the defined resource, population and scale, rather than directly counting people in poverty.
- Relative poverty
Deprivation measured against a specified society-relative benchmark, which can change when the reference distribution changes even without identical absolute income changes.
- Ecological fallacy
An unsupported inference about individuals from an aggregate relationship, such as assuming every resident shares a neighborhood average or motive.
- Percentage point
The arithmetic difference between two percentages, distinct from their relative percentage change calculated against a stated starting value.
- Selection bias
A systematic difference between those observed and the target population that can distort an inference even when the observed sample is large.
- Confounder
A variable related to both a proposed explanatory factor and an outcome, potentially producing a misleading association if not addressed.
- Counterfactual
The outcome that would have occurred under a different action or exposure, which cannot simply be read from a single observed before-and-after change.
- Policy instrument
A concrete means of public action, such as information, regulation, spending or a price incentive, distinguished from the goal it seeks.
- Policy implementation
The process through which adopted decisions become practical action, involving resources, interpretation, incentives and possible gaps between design and delivery.
- Stakeholder analysis
Identification of affected actors, their interests, resources and responsibilities, without assuming that every interest has identical authority or legal standing.
- Normative claim
A statement about what ought to be valued or done, requiring an explicit evaluative standard rather than empirical verification alone.
- Empirical claim
A statement concerning observable conditions or relationships that can be assessed against appropriately gathered evidence and a stated method.
- Input legitimacy
An account of justified authority emphasizing participation, representation and the procedures through which citizens can influence public decisions.
- Output legitimacy
An account of justified authority emphasizing effective problem-solving and public outcomes, which does not by itself settle participation or rights concerns.
- Framing
The selective organization and presentation of an issue that makes certain interpretations salient without necessarily changing every underlying factual observation.
- Policy feedback
The process through which a policy’s results and experiences alter interests, public interpretations or later decisions, challenging a purely linear policy-cycle picture.
- Median
The middle value in an ordered distribution, with a convention for even counts, distinguished from an arithmetic average influenced by extreme values.
- Equivalized income
Household income adjusted by a specified household-size and composition scale, intended to support comparison while depending on the chosen convention.
- Evidence uncertainty
The limits arising from measurement, sampling, assumptions or incomplete information, which should influence the strength and scope of a conclusion.
- Opportunity cost
The value of the next-best alternative forgone when choosing an action, not the sum of every rejected possibility.
- Negative liberty
Freedom understood as absence of interference within an identified sphere, distinguished from self-government or the practical capacity to act.
- Deliberation
Reason-giving discussion in which participants examine public arguments, evidence and objections rather than treating preference aggregation as the entire decision process.