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Time Preferences in "The Hangover"

by Charity-Joy Acchiardo

The wake-up scene from the 2009 comedy feature “The Hangover”, follows the toast to “a night the four of us will never forget”. Stu, Alan and Phil wake up in a Las Vegas hotel with little memory of the previous night. They have a painful hangover; their suite is in complete disarray; one of the sofas is on fire; a woman is seen leaving the suite; there is a tiger in the bathroom; a chicken roaming the sweet; Stu has lost a tooth and his credit card; their friend Doug is nowhere to be found; and a baby is crying in the background. As Phil repeatedly tries to gain control asking his friend to “control yourself”, and to “calm down”, it becomes increasingly clear that their predicament today is the result of yesterday's decisions - which involved little control and planning for the consequences. This temporal dimension to decision making is a key consideration in behavioral economics, with findings suggesting that present events are weighted more heavily than future ones. As a consequence, over-drinking, over-spending and other actions with present benefits and future costs tend to be more common than predicted by standard economic models.

Time Preferences in "The Hangover"

Stu, Alan and Phil wake up in a Las Vegas hotel with a hangover and a suite in total disarray. Their predicament today is the result of yesterday's decisions, which involved little control and planning for the consequences – a temporal dimension.

from The Hangover (2009)
Creator: Todd Phillips
Distributor: Warner Bros.
Posted by Charity-Joy Acchiardo
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