Which of the Following Weights on Utility (Over Four Periods

question 8

Multiple Choice

Which of the following weights on utility (over four periods starting with the current one) provide an illustration of hyperbolic discounting that could well lead to inconsistent choices over time?

• A)1,.5,.25,.125.
• B)1,.25,.0625,.015625.
• C)1,.8,.72,.648.
• D)1,1,1,1.

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