Cobi Smith edited Lecture_17_Trade_and_or__.md  over 8 years ago

Commit id: 8fc35ba420c8432da18e3792621379a62cace2b1

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* * individualism versus culture  Mutual benefit motivates trade  * *  selfish * *  trading parties well-informed about their own utility Altruism motivates, to some extent, aid  * *  warm glow from giving * *  donor not necessarily well-informed about recipient utility