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 is also statically consistent.
D) None of these is correct.
Correct Answer:
Verified
Q19: Behavioral economists:
A) rely primarily on data drawn
Q20: The endowment effect is reflected by indifference
Q21: A person is dynamically consistent if:
A) his
Q22: A person is dynamically consistent if:
A) lapses
Q23: A person who is,all else equal,more willing
Q25: Projection bias:
A) is the tendency to evaluate
Q26: Gabby flips a fair coin and it
Q27: A person is dynamically inconsistent if:
A) lapses
Q28: Behavioral economists view the standard economic theory
Q29: Gabby flips a fair coin and it
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