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Psychological Underpinnings of Zero-Sum Thinking in Voluntary Exchanges

• mkempe 9y ago
  "A core proposition in economics is that voluntary exchanges benefit both parties. We show that people often deny the mutually beneficial nature of exchange, instead using zero-sum thinking." If one doesn't fully conceive of trade as value-for-value as a principle, there are many other human interactions and relations one will perceive in a completely distorted fashion.