If people behave in ways that they believe are in their best self-interest, how would you explain

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If people behave in ways that they believe are in their best self-interest, how would you explain the following?

a. Mother Teresa devoted her entire life to living in the worst slums of Asia, providing aid to others.

b. Bernie Madoff created a scheme whereby people gave him billions of dollars to invest that he simply kept for himself.

c. Pat Tillman gave up millions of dollars when he chose to enlist in the military following the 9/11 attack on the United States rather than play professional football.

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Economics

ISBN: 9781032046723

9th Edition

Authors: William Boyes, Michael Melvin

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