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Questions and Answers
What does the horizontal axis represent in the chart?
What does the horizontal axis represent in the chart?
In the chart, what do the two lines represent?
In the chart, what do the two lines represent?
What is the phenomenon called when preferences shift between the initial moment and the moment of choice?
What is the phenomenon called when preferences shift between the initial moment and the moment of choice?
In a traditional view of inter temporal rationality, what is the expected behavior of the two curves representing preferences over time?
In a traditional view of inter temporal rationality, what is the expected behavior of the two curves representing preferences over time?
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What does the intersection of the two curves in the chart signify?
What does the intersection of the two curves in the chart signify?
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In the chart, what does the solid line represent?
In the chart, what does the solid line represent?
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What is the traditional view of inter temporal rationality regarding the relation between the two rewards over time?
What is the traditional view of inter temporal rationality regarding the relation between the two rewards over time?
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What phenomenon is observed when the two curves representing preferences intersect at different points in the chart?
What phenomenon is observed when the two curves representing preferences intersect at different points in the chart?
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What does the horizontal axis in the chart represent?
What does the horizontal axis in the chart represent?
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What do the two lines in the chart represent?
What do the two lines in the chart represent?
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