Business, 12.02.2020 21:43 starlodgb1971

People tend to say that they would prefer to have $1000 today rather than $1200 two weeks from now-even though, logically, they would be better off with the $1200 in two weeks. The phenomena underlying this tendency is known as a. risk aversion. b. the certainty effect. c. temporal discounting. d. the status quo bias.

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