Return to the Case of Jan,the Hyperbolic Discounter from the Previous

question 17

Multiple Choice

Return to the case of Jan,the hyperbolic discounter from the previous question. Suppose she can sign a contract that requires her to give up money equivalent to a loss of X utils if she does not undertake the action. Assume she does not behave consistent with her plans without this contract. How high would the contractual value of X have to be to prevent her inconsistency?

• A)C - B/2.
• B)B.
• C)C.
• D)B + C.

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Definitions:

Introverted

An attribute in personality focused on the inner sensations as opposed to outer influences.

Psychic Energy

A concept in psychoanalytic theory referring to the energy produced by the libido, driving human behavior.

Individuation

A process described in analytical psychology where an individual becomes distinct from others and develops their own personality, often involving integration of unconscious elements with conscious awareness.

Personality

represents the combination of characteristics or qualities that form an individual's distinctive character, influencing their behaviors, thoughts, and emotions.