Rational self interest is the same as selfishness...True or False.pdf
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False. Rational self interest means an individual tries to maximize their own benefit within given constraints, while considering costs. Selfishness refers to behavior that benefits oneself at the expense of others. Rational self interest considers costs, while selfishness disregards costs to others.
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Rational self interest is the same as selfishness...True or False.pdf
- 1. Rational self interest is the same as selfishness...True or False? Solution False. Rational self interest is different from selfishness.Rational self interest means an individual is trying to maximize his expected utility with a given cost. Selfishness is the behaviour which is done at someone's else cost.