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date: '2022-12-04T20:14:02'
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    title:
    - Hyperbolic Distance Discounting
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  - delayed gratification
  - behaviour
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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%!).'
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  text: this is fascinating and must relate to delayed gratification
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    display_name: James Ravenscroft
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- delayed gratification
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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