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intertemporal choice

Chabris, Laibson, Schuldt

Palgrave Macmillan UK eBooks1 Jan 2010

NobleIDark:/48914/w1/20260515/58E60877DOI10.1057/9780230280786_22

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Abstract

Most choices require decision-makers to trade-off costs and benefits at different points in time. Decisions with consequences in multiple time periods are referred to as intertemporal choices. Decisions about savings, work effort, education, nutrition, exercise, and health care are all intertemporal choices.

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