George is an avid skier and plans to spend each of the first four weekends in January skiing. However, because he is applying for jobs, he needs to skip one skiing weekend to update his resume. Because his favorite ski spot adds more trails as January goes along, the cost of updating his resume increases as January goes on. The costs are: Weekend Cost t = 1 C1 = 4 t = 2 C = = 6 t = 3 C3 10 t = 4 C4 14 Table 2: Costs of skipping a week of skiing Assume that George is a naive, quasi-hyperbolic discounting agent with = 0.5 and 8 = 1 who wants to minimize his costs. (a) (2 points) Which weekend will George skip skiing to update his resume? (b) (2 points) George 1 and asks for help choosing which weekend he should skip skiing. You use his costs, but you analyze it as a sophisticated agent who foresees preference reversals. Which weekend do you recommend him to skip?