A person's tendency to smoke a cigarette after promising to quit is an example of the behavioral economics insight that people are inconsistent over time.

Question

Quizplus · Accepted Answer

This response is based on the principle of time inconsistency in behavioral economics, which suggests that people may not always act in their long-term best interests, even if they have made a commitment to do so in the present. Therefore, a person's tendency to smoke after making a promise to quit can be seen as an example of this phenomenon.

A Person's Tendency to Smoke a Cigarette After Promising to Quit