Intertemporal decision making studies on the working of Myopia - 1999

<p>This study deals with questions concerning decision making, and rational choices. It was first investigated when people are more likely to be driven by their short-term interests and hence neglect future consequences. Second, it was investigated which people are most likely to take long-term consequences of their immediate actions into account. Finally, the question was considered whether and how behavioral regularities observed in intertemporal choice can be generalized to other choice domains where people have to make similar tradeoffs.</p>