Question: Why is time important in reference dependent utility? Compare how happy Carol and Amanda will feel the day they get the report from their broker,

Why is time important in reference dependent utility? Compare how happy Carol and Amanda will feel the day they get the report from their broker, the next day, after a month etc.

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Why is time important in reference- dependent utility? Compare how happy Carol and Amanda will feel the day they get the report from their broker, the next day, after a month, etc.

Why is time important in reference-dependent utility? Compare how happy Carol and Amanda will feel the day they get the report from their broker, the next day, after a month, etc.

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