Eric tries to eat more healthfully by eliminating cookies


Eric tries to eat more healthfully by eliminating cookies, donuts, and similar snacks from his diet. Every day at work, however, co-workers bring in these treats and Eric succumbs to temptation. Which of the following concepts would behavioral economists use to explain Eric's self-control problem? Time inconsistency. Availability heuristic. Self-serving bias. System 2 processes dominating decision making.

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Business Economics: Eric tries to eat more healthfully by eliminating cookies
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