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hyperbolic discounting

/ˌhaɪpərˈbɑlɪk ˈdɪˌskaʊntɪŋ/ /ˌhaɪpəˈbɒlɪk ˈdɪskaʊntɪŋ/
noun
GeneralPsychology
  1. 1 hiperbolik iskonto, anlık tatmin tercihi uncountable

Definition (English)

The tendency to prefer smaller, immediate rewards over larger, later rewards.

Example Sentences

  1. Hyperbolic discounting explains why we procrastinate.
    Hiperbolik iskonto, neden ertelediğimizi açıklar.
  2. This bias affects financial decisions.
    Bu yanlılık finansal kararları etkiler.