Lauren has 3 days to complete a homework assignment. It will take a total of 6...
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Lauren has 3 days to complete a homework assignment. It will take a total of 6 hours to complete, and she must complete the assignment to pass her class (not completing it is not an option). her (dis)utility from working on the assignment each day is -(hours;)? and her overall utility from her current perspective is T - (hours,)? + 3 E -8--*(hours,)? (2) T=t+1 for example, in period 1 her overall utility is: -(hours1)? – Bố + (hours2) – B8? * (hours3)? (a) If 3 = 8 = 1, how much will she plan to work on the assignment each day? Will she follow through on her plans? If not, what will she actually do? (b) If 8 = 0.5, B = 1 and B = 1, what will her plan be from today? Will she follow through on her plans? If not, what will she actually do? Lauren has 3 days to complete a homework assignment. It will take a total of 6 hours to complete, and she must complete the assignment to pass her class (not completing it is not an option). her (dis)utility from working on the assignment each day is -(hours;)? and her overall utility from her current perspective is T - (hours,)? + 3 E -8--*(hours,)? (2) T=t+1 for example, in period 1 her overall utility is: -(hours1)? – Bố + (hours2) – B8? * (hours3)? (a) If 3 = 8 = 1, how much will she plan to work on the assignment each day? Will she follow through on her plans? If not, what will she actually do? (b) If 8 = 0.5, B = 1 and B = 1, what will her plan be from today? Will she follow through on her plans? If not, what will she actually do?
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