lecture 8 Flashcards

1
Q

What do we mean by time inconsistency? How can we represent it?

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2
Q

How is the quasi hyperbolic model? what behavior does it rapresent?

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3
Q

What is the difference between impulsivity and impatience?

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4
Q

What types of time consistency do we find?

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5
Q

How can we define commitments?

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6
Q

What are some real world examples of commitments?

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7
Q

What do we mean by preference by profile? what are some examples?

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