A person is dynamically consistent if:
A) his preferences over the alternatives available at some future date change as the date approaches.
B) his preferences over the alternatives available at some future date do not change as the date approaches.
C) he does not always want to follow through on his plans and intentions.
D) he has complete self-control with occasional lapses.
Correct Answer:
Verified
Q16: Anchoring occurs when:
A) someone's choices are linked
Q17: Among the evidence that people do not
Q18: Disadvantages of experiments include the fact that:
A)
Q19: Behavioral economists:
A) rely primarily on data drawn
Q20: The endowment effect is reflected by indifference
Q22: A person is dynamically consistent if:
A) lapses
Q23: A person who is,all else equal,more willing
Q24: A person is dynamically consistent if:
A) his
Q25: Projection bias:
A) is the tendency to evaluate
Q26: Gabby flips a fair coin and it
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