Sorry, no answer here bub..
When economists say that people act rationally in their self interest they mean that
When economists say that people act rationally in their self interest they mean that
People act in their own self interest, meaning that all they think about is themselves.
People act in their own self interest, meaning that all they think about is themselves.
IF you mean from a company, then self interest is its sole objective.
Basically, it means that an individual makes Economics decisions that he or she believes will benefit him or her the most. Self-rational interest is different from selfishness.
Basically, it means that an individual makes economics decisions that he or she believes will benefit him or her the most. Self-rational interest is different from selfishness.
no. self interest means you think your great and you love to talk about yourself. selfishness means that you think your better than everyone else
when something of your self interest benefits the society.
No, "self-interest" is typically not hyphenated.
Someone who has pursued the study of history out of their own interest.
Rational self-interest implies that