Question: Consider the following choice problems: Problem 1: A: $50 tomorrow B: $100 in 2 days Problem 2: C: $50 in 12 days D: $100
Consider the following choice problems: Problem 1: A: $50 tomorrow B: $100 in 2 days Problem 2: C: $50 in 12 days D: $100 in 13 days Suppose Amanda is present-biased, with
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Answer Given that Amanda is presentbiased it means she values immediate rewards more than future rew... View full answer
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