Match each of the vignettes below with one of the fol lowing phenomena: hyperbolic discounting, preference over

Question:

Match each of the vignettes below with one of the fol lowing phenomena: hyperbolic discounting, preference over profiles, and choosing not to choose. If in doubt, pick the best fit.

(a) Allie goes to bed at night fully intending to get up at 5 am and study hard before noon. When the alarm goes off, she smacks it hard and goes straight back to sleep.

(b) Bert wants to save more, but simply does not feel that he has enough money left at the end of the month. To encourage himself to save, he sets up an automatic transfer – on the first of each month – from his checking account to a savings account from which withdrawing money is a pain.

(c) Cherry can only afford a really nice meal at a restaurant once every semester. She makes sure to schedule it at the very end of the semes ter, so that she has something to look forward to when eating her Ramen noodles.

(d) Darius knows that his wife would be so much happier, and his mar riage so much healthier, if he spent more time cleaning the house. He keeps thinking that it would be great to clean the house. Yet, when it comes down to it, there is always something on TV that prevents him from doing his part.

(e) Epicurus, or one of his followers, wrote: “Life is ruined by procrasti nation, and every one of us dies deep in his affairs.”

(f) Unlike some people she knows, Filippa will not finish a whole tub of ice-cream in one sitting. Rather, she will allow herself exactly one spoonful every day.

(g) A website helps you pursue to your goals by requesting your credit card number and the name of the non-profit organization you find most odious. If you fail to reach whatever goals you set for yourself, it will charge your card and send the money to the non-profit you despise.

(h) As Henry Sidgwick wrote: “In fact there is scarcely any point upon which moralizers have dwelt with more emphasis than this, that man’s forecast of pleasure is continually erroneous.”

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