Public Choice Theory Is Based on the Assumption That Individuals

question 1

True/False

Public choice theory is based on the assumption that individuals always pursue their own self-interest.

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Definitions:

Grandiose View

An inflated self-perception, often characterized by overestimation of one's importance or abilities.

Narcissism

A psychological condition marked by an inflated sense of self-importance, need for admiration, and lack of empathy for others.

Self-efficacy

The belief in one's capabilities to organize and execute the courses of action required to manage prospective situations.

Basic Tasks

Fundamental activities or duties that individuals commonly engage in or are expected to perform in daily life or specific contexts.