Lower risk aversion , lack of self - control , andmay leadhyperbolic discounting
Another key factorcontributesto hyperbolic discounting
behavioral economic notions prospect theory , mental accounting , and decoupling effectsleadto hyperbolic discounting
that discounting is not only myopic but increasesthrough timeleadingto hyperbolic discounting
children)sorry , this has been archived and can no longer be voted onActually , Ainslie was firstto discoverhyperbolic discounting
Linear growthleadsto hyperbolic discounting
Two forms of procrastinationmay resultfrom hyperbolic discounting
closely related factorscan contributeto hyperbolic discounting
agents to act in inconsistent ways ... to the detriment of their healthmay leadagents to act in inconsistent ways ... to the detriment of their health
the decisions you make about your healthcan influencethe decisions you make about your health
us to make different judgements close to a reward than we will when further from itcausesus to make different judgements close to a reward than we will when further from it
to discontinuous strategies ( 2012leadsto discontinuous strategies ( 2012
to discontinuous strategies ( 2011leadsto discontinuous strategies ( 2011
us to choose an immediate reward over a larger reward some time in the futurecausesus to choose an immediate reward over a larger reward some time in the future
to a decreasingdiscount rateleadto a decreasingdiscount rate
temporary preference for small rewards now over large rewards latercreatestemporary preference for small rewards now over large rewards later
a systemic bias in decision - makingcreatesa systemic bias in decision - making
some decision - makersleadssome decision - makers
individuals to choose options that provide immediate gains over options that provide long - term benefitsleadsindividuals to choose options that provide immediate gains over options that provide long - term benefits
telecoms operators to offer supposedly free handsets , feeding our desire for the latest gizmoleadstelecoms operators to offer supposedly free handsets , feeding our desire for the latest gizmo
people to value sums that they will receive in the near future over those in the distant futureleadspeople to value sums that they will receive in the near future over those in the distant future
people to accept too many distant costs to justify the immediate benefits ... and maybe also that the low - probablity high - magnitude harms are n't accounted for correctlywill causepeople to accept too many distant costs to justify the immediate benefits ... and maybe also that the low - probablity high - magnitude harms are n't accounted for correctly
another who consents to the procedure to withdraw her consent when the time for the operation is imminentmight causeanother who consents to the procedure to withdraw her consent when the time for the operation is imminent
a small subset of consumers to take on debt that , had they known bettermight leada small subset of consumers to take on debt that , had they known better
almost anyone up for failure on their weight loss journeywill ... setalmost anyone up for failure on their weight loss journey
people to choose a smaller reward today over a larger reward tomorrowcausespeople to choose a smaller reward today over a larger reward tomorrow
preference reversalcausespreference reversal
an environment where people hardly think about saving up for expensive items ... even if it means paying exorbitant interest rateshas createdan environment where people hardly think about saving up for expensive items ... even if it means paying exorbitant interest rates
an environment where people hardly think about saving up for expensive items ... even if expensive items means paying exorbitant interest rateshas createdan environment where people hardly think about saving up for expensive items ... even if expensive items means paying exorbitant interest rates
consumers to accept longer - term detriments from intrusive data practices for the shorter - term benefit of accessing a digital platformmay causeconsumers to accept longer - term detriments from intrusive data practices for the shorter - term benefit of accessing a digital platform
decision - making factors based on immediate rewardscreatesdecision - making factors based on immediate rewards
retirees to consume too much too soon out of a lump sum payment and be left with not enough money later in retirementcould causeretirees to consume too much too soon out of a lump sum payment and be left with not enough money later in retirement
the investorcan leadthe investor
the relativity trapsetsthe relativity trap
the student to change his mind several times during the weekcausesthe student to change his mind several times during the week
time - inconsistent preferencescausestime - inconsistent preferences
the obesity epidemic(passive) caused bythe obesity epidemic
a lot of problems and undesirable outcomes ... lets party today and work tomorrowcreatesa lot of problems and undesirable outcomes ... lets party today and work tomorrow
investors to desire short - term results ( Zou , 2007causesinvestors to desire short - term results ( Zou , 2007
you to plan to be good but to fall short on the execution sidecan causeyou to plan to be good but to fall short on the execution side
us to push today 's consequences into the futurecausesus to push today 's consequences into the future
us to make bad decisions for our long term interests Because justification – people accept reasons even if they do n’t explain everything Decision fatigue – decide better when you decide less Contagion biascausesus to make bad decisions for our long term interests Because justification – people accept reasons even if they do n’t explain everything Decision fatigue – decide better when you decide less Contagion bias
you to change your mind , and how to trick it so that you can keep to your commitments without using up too much willpowercausesyou to change your mind , and how to trick it so that you can keep to your commitments without using up too much willpower
us from doing the right thing todaypreventsus from doing the right thing today
us to rationalize not actually following through with our decisions when we actually face Piers Steel at time t.can leadus to rationalize not actually following through with our decisions when we actually face Piers Steel at time t.
people not to see the impact of each decision they makecausespeople not to see the impact of each decision they make
strange consequencescreatedstrange consequences
us to rationalize not actually following through with our decisions when we actually face them at timecan leadus to rationalize not actually following through with our decisions when we actually face them at time