Suppose There Are Two Small Island Countries: Avarice,which Is Populated

question 93

Multiple Choice

Suppose there are two small island countries: Avarice,which is populated by people who are completely self-interested and Altruism,which is populated by people who have adopted social norms of generosity and cooperation.
Refer to the information given above.Commitment problems will be:

• A)largely avoided in Avarice,but prevalent in Altruism.
• B)largely avoided in Altruism,but prevalent in Avarice.
• C)prevalent on both islands.
• D)largely avoided on both islands.