Asked by
Desiree Lopez
on Nov 25, 2024
Verified
The tendency of people to misjudge, at the present time, what they will want to do or have at some future time is called
A) time inconsistency.
B) mental accounting.
C) anchoring.
D) framing.
Time Inconsistency
A situation where a person's preferences change over time in such a way that what is preferred at one point in time is inconsistent with what is preferred at another time.
- Evaluate how inconsistencies over time affect the process of making decisions and behavioral patterns.
Verified Answer
TR
Learning Objectives
- Evaluate how inconsistencies over time affect the process of making decisions and behavioral patterns.
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