lecture 8 Flashcards
1
Q
What do we mean by time inconsistency? How can we represent it?
A
2
Q
How is the quasi hyperbolic model? what behavior does it rapresent?
A
3
Q
What is the difference between impulsivity and impatience?
A
4
Q
What types of time consistency do we find?
A
5
Q
How can we define commitments?
A
6
Q
What are some real world examples of commitments?
A
7
Q
What do we mean by preference by profile? what are some examples?
A