Dynamic Choice

[Revised entry by Chrisoula Andreou on September 2, 2016. Changes to: Main text, Bibliography] Sometimes a series of choices do not serve one's concerns well even though each choice in the series
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[Revised entry by Chrisoula Andreou on September 2, 2016. Changes to: Main text, Bibliography] Sometimes a series of choices do not serve one's concerns well even though each choice in the series seems perfectly well suited to serving one's concerns. In such cases, one has a dynamic choice problem. Otherwise put, one has a problem related to the fact that one's choices are spread out over time. There is a growing philosophical literature, which crosses over into psychology and economics, on the obstacles to effective dynamic choice. This literature examines the challenging choice situations and problematic...

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News source: Stanford Encyclopedia of Philosophy

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