Learn how intertemporal choice influences both personal and business finance decisions today, shaping future opportunities ...
Every day we make decisions that trade off short-term and long-term consequences. In such intertemporal choices between sooner-smaller and later-larger rewards, humans and other animals exhibit ...
Intertemporal choice examines how individuals weigh rewards available at different points in time, while delay discounting quantifies the tendency to devalue future rewards in favour of more immediate ...
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