45 min
27 | Hyperbolic Discounting Topical Storm
-
- Society & Culture
It’s widely known that humans tend to sacrifice long term rewards for smaller, more immediate gains. We tackle a less widely disseminated model of behavior called hyperbolic discounting that implies our impulsive decisions have some very surprising characteristics.
It’s widely known that humans tend to sacrifice long term rewards for smaller, more immediate gains. We tackle a less widely disseminated model of behavior called hyperbolic discounting that implies our impulsive decisions have some very surprising characteristics.
45 min