This is a Behavioural Economics question. Please answer in detail Thaler spends a large amount of time
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This is a Behavioural Economics question. Please answer in detail
Thaler spends a large amount of time talking about will power and self control. He mentions two economists: Robert Barro (on the concept of taxes) and Franco Modigliani (on life cycle hypothesis). Sketch a brief biography of each of these economists and a brief explanation as to what their work has to do with self control.
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