
Microeconomics 2nd Edition by Douglas Bernheim
Edition 2ISBN: 978-0071287616
Microeconomics 2nd Edition by Douglas Bernheim
Edition 2ISBN: 978-0071287616 Exercise 5
Describe three situations (not including the examples given in the text) in which people may make precommitments. Do they do so because they don't trust themselves to follow through on their plans or intentions, or for some other reason
Explanation
When people are dynamically inconsistent...
Microeconomics 2nd Edition by Douglas Bernheim
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