Which of the following is a true statement about the self-interest assumption? S
ID: 3216325 • Letter: W
Question
Which of the following is a true statement about the self-interest assumption?
Self-interest players always maximize money.
Self-interest players will never perform an act of charity.
Self-interest players may sacrifice to punish others.
Self-interest implies that players are selfish.
a.Self-interest players always maximize money.
b.Self-interest players will never perform an act of charity.
c.Self-interest players may sacrifice to punish others.
d.Self-interest implies that players are selfish.
Explanation / Answer
Which of the following is a true statement about the self-interest assumption?
Ans :
Option a) is true......
Self-interest players always maximize money.......
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