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Hyperbolic Distance Discounting |
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psychology |
delayed gratification |
behaviour |
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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%!). |
on center.Hyperbolic Discounting |
This excessive time-based or “te |
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https://www.atvbt.com/hyperbolic/ |
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this is fascinating and must relate to delayed gratification |
2022-12-04T20:14:02.815622+00:00 |
https://www.atvbt.com/hyperbolic/ |
acct:ravenscroftj@hypothes.is |
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James Ravenscroft |
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