Behavioral economist point to empirical evidence what shows people exhibit ___________ which sometimes leads them not to follow through on saving and investment plans.

Question

Quizplus · Accepted Answer

People often exhibit time inconsistent preferences, which means that their preferences for saving and investment plans change over time. This can lead them to not follow through on their plans, as they may be more tempted to spend money in the present than to save for the future.

Behavioral Economist Point to Empirical Evidence What Shows People Exhibit