One behavioral feature of a naïve quasi-hyperbolic discounter is that they always plan to bear a utility cost "tomorrow" in order to reap the benefits in the "day after", but tomorrow arrives, their utility- maximizing choice is to postpone costs until the following the day.

Question

Quizplus · Accepted Answer

Naïve quasi-hyperbolic discounters tend to procrastinate on bearing costs because they overvalue immediate rewards over future costs, leading to a cycle of planning to bear costs "tomorrow" but choosing to postpone when tomorrow arrives.

One Behavioral Feature of a Naïve Quasi-Hyperbolic Discounter Is That