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9

Temporal Discounting—Now or Later?

Lecture no. 9 from the course: Behavioral Economics: When Psychology and Economics Collide

Temporal Discounting—Now or Later?

Taught by Professor Scott Huettel | 29 min | Categories: The Great Courses Plus Online Economics & Finance Courses

Now consider a fundamental challenge in decisions involving time: temporal discounting, or the human tendency to view rewards as worth less in the future than they are in the present. Study real-life examples of this phenomenon, three explanations for why it occurs, and key approaches to making better time-related decisions.

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June 27, 2017

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