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HomeMIT 14.13 Psychology and Economics, Spring 2020Lecture 3: Time Preferences (Theory) I

Lecture 3: Time Preferences (Theory) I

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Lecture 4: Time Preferences (Theory) II

Description: In lecture 3, Prof. Schilbach explains the time preference theory, including exponential discounting, quasi-hyperbolic discounting, and sophistication vs. naivete.

Instructor: Prof. Frank Schilbach