Give an example in which someone might exhibit time-inconsistent preferences.

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Macroeconomics

ISBN: 978-1464168505

5th Canadian Edition

Authors: N. Gregory Mankiw, William M. Scarth

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Question Posted: Dec 31, 2015 01:40 AM

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Give an example in which someone might exhibit time-inconsistent preferences.

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Section 176 included several examples of timeinconsistent behavior in which consum...View the full answer

Macroeconomics

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