5 ms·
You can convert this to the expected value in the way you would a financial outcome. The expected value is value times probability. And then the time aspect is
by jhylands 3y ago
You can convert this to the expected value in the way you would a financial outcome.
The expected value is value times probability.
And then the time aspect is just discounting future value back to today, like you would a cashflow. Your impulsiveness is then how much you discount tomorrow vs today.
(Expectancy * value)*(impulsiveness)^time
This way you can put a number on your impulsiveness probably from 1.001 to 2