The assumption that people will act in a way to maximize their self-interest is a reasonable one for most cases that economists analyze.

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This assumption is often referred to as the "rational choice" assumption and is a foundational concept in economics. It implies that people make decisions based on what they believe will have the best outcome for themselves, given the information they have and the constraints they face. While it may not always accurately reflect human behavior, it is still a useful starting point for economic analysis.

The Assumption That People Will Act in a Way to Maximize