Behavioral economics seems to suggest that the long- term self rather than the short-term self is rational.

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Behavioral economics seems to suggest that the

“long-

term self” rather than the “short-term self” is rational.

How do we know that? (Austrian)

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Microeconomics

ISBN: 9781260507140

11th Edition

Authors: David Colander

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Question Posted: Mar 14, 2024 04:01 AM

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Behavioral economics seems to suggest that the long- term self rather than the short-term self is rational.

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The Concept of the Longterm Self and Shortterm Self Behavioral economics recognizes that individuals often make decisions that are not in their best l...View the full answer

Microeconomics

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