hyperbolic discounting
/ˌhaɪpərˈbɒlɪk ˈdɪskaʊntɪŋ/
preferring smaller immediate rewards over larger later ones
“Hyperbolic discounting explains procrastination.”
Origin: From hyperbolic (Greek hyperbole excess) + discounting
/ˌhaɪpərˈbɒlɪk ˈdɪskaʊntɪŋ/
preferring smaller immediate rewards over larger later ones
“Hyperbolic discounting explains procrastination.”
Origin: From hyperbolic (Greek hyperbole excess) + discounting