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Direct linkWüst, Kirsten; Beck, Hanno – Decision Sciences Journal of Innovative Education, 2012
In the last two decades, much empirical research has been done in the field of behavioral economics to explain the psychological foundations for economic decisions. In particular, it has been shown that people exhibit time-inconsistent behavior when making intertemporal decisions, i.e., they demand higher interest rates for a delay of their…
Descriptors: Test Wiseness, Test Preparation, Time Management, Decision Making
