(Consider This) In sunny parts of the country, solar panels generate net financial benefits in just a few years, despite having high installation costs. Despite their long-run profitability, the high upfront costs discourage many from installing solar panels. From a behavioral economics perspective, this is the result of

Question

Quizplus · Accepted Answer

People tend to focus on immediate costs rather than long-term benefits, which is a form of myopia, leading them to avoid the high upfront costs of solar panels despite future savings.

(Consider This) in Sunny Parts of the Country, Solar Panels