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Time inconsistency

by Jadrian

In one of Seinfeld's monologues he covers the time inconsistencies between people's decisions late at night versus the next day.  In his latest Netflix special, Jerry Before Seinfeld, goes through the bit again with some updates. While we assume people to be rational in many models, people do odd things with respect to their own-selves that they may not do if they were forward thinking. This time inconsistency creates a lot of opportunities for discussions of procrastination, overconfidence biases, and other behavioral anomalies. 

Seinfeld -- Time Inconsistencies

Seinfeld discusses morning guy vs night guy

from Jerry Before Seinfeld (2017)
Creator: Jerry Seinfeld
Distributor: Netflix
Posted by Jadrian