Economists argue that self-interested people only respond to monetary incentives.

Name: Economists argue that self-interested people only respond to monetary incentives.
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While monetary incentives are definitely a factor in people's decision-making, economists recognize that humans are not solely motivated by money. Other factors that influence behavior include social norms, personal values, reputation, and altruistic motives, among others.

Economists Argue That Self-Interested People Only Respond to Monetary Incentives