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Economists have a simple view of cooperation and conflict: People tend to cooperate when they think this is in their best interest, compete when they
Economists have a simple view of cooperation and conflict: People tend to cooperate when they think this is in their best interest, compete when they believe that is in their best interest, and actively oppose and fight each other when they think that is in their best interest.
Give three clear examples of situations that you believe are likely to give rise to each of these (1) economic cooperation, (2) economic competition, and (3) destructive economic conflict.
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