If you intend to begin jogging one week from today, and next week you tell yourself you'll begin in another week, your preferences are:
A)revealed from your actions.
B)more accurate in the future.
C)irrational.
D)time inconsistent.

Question

Quizplus · Accepted Answer

This behavior is an example of time inconsistency, where your preferences change over time. Initially, you plan to start jogging next week, but when the time comes, you postpone it, indicating a preference for delaying action despite previous intentions.

If You Intend to Begin Jogging One Week from Today