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brainsteam/content/annotations/2022/12/04/1670184842.md

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+---
+date: '2022-12-04T20:14:02'
+hypothesis-meta:
+  created: '2022-12-04T20:14:02.815622+00:00'
+  document:
+    title:
+    - Hyperbolic Distance Discounting
+  flagged: false
+  group: __world__
+  hidden: false
+  id: MjfCdHQQEe2XA6-Y-PXOtA
+  links:
+    html: https://hypothes.is/a/MjfCdHQQEe2XA6-Y-PXOtA
+    incontext: https://hyp.is/MjfCdHQQEe2XA6-Y-PXOtA/www.atvbt.com/hyperbolic/
+    json: https://hypothes.is/api/annotations/MjfCdHQQEe2XA6-Y-PXOtA
+  permissions:
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+    - acct:ravenscroftj@hypothes.is
+    delete:
+    - acct:ravenscroftj@hypothes.is
+    read:
+    - group:__world__
+    update:
+    - acct:ravenscroftj@hypothes.is
+  tags:
+  - psychology
+  - delayed gratification
+  - behaviour
+  target:
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+    - endContainer: /div[1]/main[1]/article[1]/div[1]/p[5]
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+    - end: 1911
+      start: 1619
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+    - exact: 'You may have heard of hyperbolic discounting from behavioral economics:
+        people will generally disproportionally, i.e. hyperbolically, discount the
+        value of something the farther off it is. The average person judges $15 now
+        as equivalent to $30 in 3-months (an annual rate of return of 277%!).'
+      prefix: on center.Hyperbolic Discounting
+      suffix: "This excessive time-based or \u201Cte"
+      type: TextQuoteSelector
+    source: https://www.atvbt.com/hyperbolic/
+  text: this is fascinating and must relate to delayed gratification
+  updated: '2022-12-04T20:14:02.815622+00:00'
+  uri: https://www.atvbt.com/hyperbolic/
+  user: acct:ravenscroftj@hypothes.is
+  user_info:
+    display_name: James Ravenscroft
+in-reply-to: https://www.atvbt.com/hyperbolic/
+tags:
+- psychology
+- delayed gratification
+- behaviour
+- hypothesis
+type: annotation
+url: /annotations/2022/12/04/1670184842
+
+---
+
+
+
+ <blockquote>You may have heard of hyperbolic discounting from behavioral economics: people will generally disproportionally, i.e. hyperbolically, discount the value of something the farther off it is. The average person judges $15 now as equivalent to $30 in 3-months (an annual rate of return of 277%!).</blockquote>this is fascinating and must relate to delayed gratification