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But once they have made a choice, over time children appear to develop a stronger preference for drinks with caffeine.
"If we're on the right track, and we think we are, then choice over time is less of an imperative," he said.
Discounting-induced preference reversals make consistent and efficient choice over time a challenge.
Self-control and related concepts appear regularly in tax discussions, but often they are invoked hazily or blurred together with other aspects of choice over time.
Rather, it figures as part of a conception of rationality that resolves the theoretical puzzles concerning rationality and choice over time posed by various dynamic choice problems.
Effective choice over time can be extremely difficult given certain challenging choice situations or problematic preference structures, such as the ones described below.
Similar(45)
There is an internal contradiction in the choice we have made over time.
More specific quality characteristics include consistent reporting choices over time, and avoidance of long-term estimates.
Alignment is a process — a pattern of choices over time — not a one-shot deal.
In an experimental trust game we study whether and how trustor's behaviour is affected by social influence of other trustors' choices over time.
That is, that they understand their own preferences, make perfectly consistent choices over time, and try to maximize their own well-being.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com