Examlex
Identify and state the historical significance of the following:
-Rio Grande
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.
Behavioral Economics
A field of economics that examines how psychological, social, cognitive, and emotional factors affect economic decisions.
Pure Self-Interest
A motivation based entirely on one's own benefits and gains, without regard for others' welfare.
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