In a stimulating paper, Piccione and Rubinstein (1997) argued how a decision maker could undertake dynamically inconsistent
choices when, in an extensive form decision problem, she has a particular type of imperfect recall named
absentmindedness. Such memory limitation obtains whenever information sets include decision histories along the same decision path. Starting
from work focusing on the
absentminded driver example, and independently developed by Segal (2000) and Dimitri (1999), the main theorem of this article provides a general
result of dynamically consistent choices, valid for a large class of finite extensive form decision problems without nature.
Keywords Decision theory - Dynamic consistency
JEL Classification C72