Exploring Dynamic Inconsistencies: Insights and Implications in Modern Systems

Introduction

Dynamic inconsistencies, a concept originating from behavioral economics and decision theory, refer to the phenomenon where preferences change over time in a way that can lead to irrational decision-making. This report aims to explore the implications of dynamic inconsistencies within modern systems, particularly in economics, policy-making, and technological frameworks. The purpose of this exploration is to highlight how understanding dynamic incon