There are three movies: a mediocre Adam Sandler (AS) movie is on at time 0 and would give you 3 utiles at time 0; a decent Brad Pitt (BP) movie is on at time 1 and would give you 4 utiles at time 1; a terric Cameron Diaz (CD) movie is on at time 2 and would give you 7 utiles at time 2. You can see only one movie. At time 0, you must choose whether or not to see AS. If you see it, then you get 3 utiles right away and thats that. If you skip it, you will have the option to either see BP at time 1, or you can skip it and see CD at time 2. At time 0, you cannot make any pre-commitment about future actions. You are a hyperbolic discounter with =1/2 and =1. (a) If you are a naive hyperbolic discounter, which movie will you see? Justify your answer. (b) If you are a sophisticated hyperbolic discounter, which movie will you see? Justify your