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How do economic agents behave? Results from behavioural economics The issue … Today, you are asked to give a talk to potential MBA students on the 18th July and happily accepts. On the 11th July, you wish you could defer giving the talk even though nothing has changed. This lack of self control is common. … it’s even worse … Today, you do not anticipate that you will regret, in July, your decision to give the talk. This is a common failure to anticipate your future position – it is a na?ve approach. The point … Outline Implications of time inconsistency Confusopoly Maybe people are really ra