Question: Describe a situation when your behaviour was consistent with nave hyperbolic discounting and outline how acting like a sophisticated hyperbolic discounter may have changed the
Describe a situation when your behaviour was consistent with nave hyperbolic discounting and outline how acting like a sophisticated hyperbolic discounter may have changed the outcome you experienced. If your decisions have never been consistent with hyperbolic discounting, describe how you evaluate options that provide rewards in different time periods.
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