4. Chris plans to study for an exam rather than surf the Internet. He even prints out the slides. Yet he ends up watching a movie because he finds the immediate costs of studying too high. His behavior can be explained by (A) the multi-self model; (B) standard discounted utility model; (C) quasi-hyperbolic model with naivete; (D) none of the above.
4. Chris plans to study for an exam rather than surf the Internet. He even prints out the slides. Yet he ends up watching a movie because he finds the immediate costs of studying too high. His behavior can be explained by (A) the multi-self model; (B) standard discounted utility model; (C) quasi-hyperbolic model with naivete; (D) none of the above.
Chapter10: Consumer Choice Theory
Section: Chapter Questions
Problem 9P
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