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Suppose Lieutenant Dan nas to decide when to clean THIs DOOLS. He can do inIs on Friday, Sat, Sun or Monday. Here is table describing
Suppose Lieutenant Dan nas to decide when to clean THIs DOOLS. He can do inIs on Friday, Sat, Sun or Monday. Here is table describing the utility he gets from doing his cleaning on each of those days. For example, if Dan decides to clean his boots on Friday we need to look only at the top row of the table, which indicates that he gets -10 utils on Friday, 10 on Saturday, 10 on Sunday and 5 on Monday. Utility on Plan Friday Saturday Sunday Monday Do on -10 10 10 5 Friday Do on 5 -10 10 8 Saturday Do on 5 10 10 5 Sunday Do on 5 5 5 -10 Monday If he is present biased with 8=0.9 and =.8, then how much utility would he get from a plan he makes on Friday to do his laundry on Saturday? D Question 3 10 pts If he is present biased with 8=0.9 and B=.8, then how much utility would he get from a plan he makes on Saturday to do his laundry on Sunday
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