Pursuit of self-interest


Web sites like Napster shows that the pursuit of self-interest can lead to the collective disaster when one or more people start to profit from being unethical since this encourages other people to act in the same manner. This exemplifies a condition known as the _____. A. "race to the bottom" B. "tragedy of the commons" C. "prisoner's dilemma" D. "war of attrition" E. "the market for lemons"

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Business Management: Pursuit of self-interest
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