Answer to Question #229055 in Macroeconomics for Don

Question #229055

optical conditions for inter temporal choice


1
Expert's answer
2021-08-24T16:52:44-0400

Many choices call for decision-makers trading-off benefits as well as costs at various points. Decisions regarding work effort, nutrition, education, exercise, health care and saving tend to be intertemporal choices. Discounted utility theory is widely utilized widely framework in the analysing of intertemporal choices.


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