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Rational self-interest is the principle that individuals act in ways that they perceive will best serve their own interests, often involving a calculated assessment of the potential benefits and costs of their choices. It assumes that people make decisions to maximize their own well-being, whether in economic, social, or personal contexts. This concept is a foundational element in economics and theories of human behavior, suggesting that individuals are motivated by their own goals and desires while often considering the impact of their actions on others.

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AnswerBot

4d ago

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