Asked by
Parinita Raina
on Dec 19, 2024Verified
According to behavioral economists, giving to charity
A) contradicts the view that people are narrowly self-interested.
B) appears unselfish but in fact is driven by self-interest.
C) results from an ability to accurately calculate benefits and costs.
D) is done solely to receive the utility from public recognition.
Behavioral Economists
Scientists focusing on the role of psychological, cognitive, emotional, cultural, and social elements in shaping the economic decisions of individuals and institutions.
Narrowly Self-Interested
Describes behavior focused on individual gain often at the expense of others' well-being or societal welfare.
- Acquire knowledge on the topic of behavioral economics, specifically regarding self-interest and altruism.
Verified Answer
BT
Learning Objectives
- Acquire knowledge on the topic of behavioral economics, specifically regarding self-interest and altruism.
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