Chapter 1, Problem 10PAE

If behavior is governed by rational self interest why do people make charitable contributions of time and money

describe ways in which human decisions making differs from the rational individual conventional economic theory

Purposeful behavior means that:        people are selfish in their decision-making.        people weigh costs and benefits to make decisions.        people are immune from emotions affecting their decisions.        decision-makers do not make mistakes when weighing costs and benefits.