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Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498 Exercise 20
One contributor to the rational demand for commitment devices is the time-inconsistency problem. Explain how limited processing capacity might also contribute to the demand.
Explanation
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Rationality:
Rationality refers to the ...
Economics 1st Edition by Dean Karlan,Jonathan Morduch
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