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... , loss of ojt experience inflexibility can be good behavioral commitment devices to fight short- termism hyperbolic discounting for individual benefit. bargaining commit to get your fair share externalities force agents to respond ...
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Microsoft PowerPoint - economics_financial_crisis.ppt
... economicsandfinancialcrisis amsterdam 6 oct 2010 2. we are not rational lots of empirical evidence examples hyperbolic discounting 1 apple today 2 apples tomorrow 1 apple in 356 days 2 apples in 366 ...
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