Bounded self-interest
A)is limited by the computing power of the human brain.
B)prevents us from making a decision that we know,at the time of implementing the decision,we will later regret.
C)is the tendency for people to value something more highly simply because they own it.
D)results in sometimes suppressing our own interests to help others.
E)is the tendency for people to value something more highly simply because a friend owns it.

Question

Quizplus · Accepted Answer

Bounded self-interest refers to the fact that while humans are inherently and naturally self-interested, this self-interest is limited or "bounded" by our ability to recognize and consider the interests and perspectives of others. This can result in suppressing our own interests to help others, which is the option described in choice D. The other options are not directly related to the concept of bounded self-interest.

Bounded Self-Interest