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Abstract

Most choices require decision-makers to trade-off costs and benefits at different points in time. Decisions with consequences in multiple time periods are referred to as intertemporal choices. Decisions about savings, work effort, education, nutrition, exercise, and health care are all intertemporal choices.

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© 2010 Palgrave Macmillan, a division of Macmillan Publishers Limited

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Chabris, C.F., Laibson, D.I., Schuldt, J.P. (2010). intertemporal choice. In: Durlauf, S.N., Blume, L.E. (eds) Behavioural and Experimental Economics. The New Palgrave Economics Collection. Palgrave Macmillan, London. https://doi.org/10.1057/9780230280786_22

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