Myopic Preferences and Behavioral Economics
Lecture no. 14 from the course: Unexpected Economics
Taught by Professor Timothy Taylor | 29 min | Categories: The Great Courses Plus Online Economics & Finance Courses
Myopia can refer to more than eyesight. Grasp the impact of setting aside the long-term view in favor of the shorter one, a pattern whose consequences can be seen not only in personal finance, but in health care, time management, and many other aspects of behavior.