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Under exponential discounting, if someone has a 1-week delta of 0.9, then: a.She values money now relative to money in the futurelessthan someone with a
Under exponential discounting, if someone has a 1-week delta of 0.9, then:
a.She values money now relative to money in the futurelessthan someone with a 1-monthdelta of 0.5 (assume 4 weeks in a month)
b.It is impossible to answer from the information provided.
c.She values money now relative to the future approximately the same as someone with a 1-month delta of 0.5 (assume 4 weeks in a month)
d.She values money now relative to money in the futuremorethan someone with a 1-monthdelta of 0.5 (assume 4 weeks in a month)
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