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Judging Experimental Evidence on Dynamic Inconsistency

Charles Sprenger

American Economic Review · 2015 · Volume 105 · Issue 5

DOI: 10.1257/aer.p20151086

Abstract

This article briefly summarizes and judges recent experimental developments exploring the predictions of dynamically inconsistent models. An opinion is provided as to how the literature may evolve given these recent advances.

Keywords

Design of Experiments: General, Micro-Based Behavioral Economics: Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making, Consumer Economics: Theory

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