L14. Selfishness and Altruism
章节大纲
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One of the key features of Homo economicus is an utter disregard for anyone else. Generally, economic models feature actors who choose to maximize their own well-being, be it utility or profit, while ignoring the well-being of others. Such behavior is not required for rationality, but it is often assumed because it makes mathematical models of behavior much simpler. Some of the basic concepts in welfare economics, a study of how economic policies can affect the overall well-being of all actors in an economy, rest upon the assumption of selfish actors.