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Why do we volunteer time? Why do we contribute money? Why, even, do we vote, if the effect of a single vote is negligible? Rationality-based microeconomic models are hard-pressed to explain such social behavior, but Howard Margolis proposes a solution. He suggests that within each person there are two selves. Selfishness, Altruism, and Rationality, first published in 1982, is a work of great value not only to economists and political scientists specializing in public choice but to all those interested in social theory. |
