1. Hyperbolic discountingIn economics, hyperbolic discounting is a time-inconsistent model of discounting. Given two similar rewards, humans show a preference for one that arrives sooner rather than later. Humans are said to discount the value of the later reward, by a factor that increases with the length of the delay. This process is traditionally modeled in form of exponential discounting, a time-consistent model of discounting.
Read “Hyperbolic discounting” on English Wikipedia
Read “双曲割引” on Japanese Wikipedia
Read “Hyperbolic discounting” on DBpedia
Read “Hyperbolic discounting” on English Wikipedia
Read “双曲割引” on Japanese Wikipedia
Read “Hyperbolic discounting” on DBpedia
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