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Past-me, Me, Future-me
behavioural economics

Past-me, Me, Future-me

The term time inconsistency is used to describe a situation where one’s ‘optimal’ decision depends on ‘when’ he/she makes the decision and the preferred decision at each point in time is different to what you thought you would prefer in the past.  In other words, there is (was
Apr 29, 2012 3 min read
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