week 1

Question 1

willful ignorance

Answer 1

avoiding information about the negative consequences of self-serving decisions

Question 2

what are the two views of: do material interests influence our morals?

Answer 2

two views:
1. morals do not have a place in the market

2. morals play a role in the markets but do not interact with our material interests in markets

Question 3

do materials interests and moral sentiments have separate effects on market behavior?

Answer 3

yes

Question 4

what are market interests and moral sentiments: interactive or additive

Answer 4

additive