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Jack tells you that his weight fluctuated several times over the last ten years. But in 2021 he decided to enter into a contract the

Jack tells you that his weight fluctuated several times over the last ten years. But in 2021 he decided to enter into a contract the terms of which required him to pay out 200 each week if he failed to get closer to his goal of losing 10kg. What is this person doing and why? And do you think this worked? Discuss with reference to theoretical insights

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