7 ms·
The behavioural economic concept of 'hyperbolic discounting' serves as a pretty good explanation. We radically discount delayed consequences (e.g.: learning), w
by Gdiddy 12y ago
The behavioural economic concept of 'hyperbolic discounting' serves as a pretty good explanation. We radically discount delayed consequences (e.g.: learning), while simultaneously overestimating our willingness to invest effort into the future.