Neoclassical economics assumes the following as major motivators of decisions and actions, except

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Neoclassical economics primarily focuses on utility maximization, loss minimization, and self-interest as the main drivers of economic decisions. It generally does not incorporate a sense of fairness as a fundamental motivator in its models, which tend to emphasize rational choice and individual benefit.

Neoclassical Economics Assumes the Following as Major Motivators of Decisions