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:v-vuvnu- . You are given the option of when you would like to drive a Ferrari for a day. You may choose any time in

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:v-vuvnu- . You are given the option of when you would like to drive a Ferrari for a day. You may choose any time in the next four days [today (t=0], tomorrow (t=1), ...]. Your consumption utility for driving a Ferrari is u(c) = (10c)2; where c is the number of days driving a Ferrari. You have a daily discount rate of 0.5. a. Using the standard economic model of exponential discounting, when do you choose to drivI: the Ferrari? b. If you derive utility from only anticipation, not consumption, and your a = 2 when do you drive the Ferrari? c. If you derive utility from anticipation and consumption and your a = 2 when do you drive the Ferrari

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