Tuesday, August 26, 2008
Is it rational to give to charity? Yes!
Giving can be its own reward? Yes!Being leader of BonaResponds (coolest volunteer group in the world! Ok, maybe I am slightly biased) has led me into some interesting discussions on charitable giving. Some strict classic economists have argued that charity and other selfless acts do not make economic sense. To that argument I always remind them that people (and I guess monkeys too!)
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Behavorial Finance
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