The Intertemporal choice Problem The intertemporal choice problem Given incomes m, and m2, and given consumption prices p, and p2, what is the most preferred intertemporal consumption bundle(c1, C2)? For an answer we need to know: the intertemporal budget constraint intertemporal consumption preferences.The Intertemporal Choice Problem The intertemporal choice problem: Given incomes m1 and m2 , and given consumption prices p1 and p2 , what is the most preferred intertemporal consumption bundle (c1 , c2 )? For an answer we need to know: – the intertemporal budget constraint – intertemporal consumption preferences