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Consider the following utility streams for three choices ab, and c, and three moments in time f=0, 1:1 and t=2: t=0 t=1 t=2 a 4
Consider the following utility streams for three choices ab, and c, and three moments in time f=0, 1:1 and t=2: t=0 t=1 t=2 a 4 b 5 C 3 4 Write any value for (5 in the delta model that would be consistent with a person who, when evaluating at t=0, prefers option a to option b, and prefers option 0 to option b
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