Sentences with phrase «hyperbolic discount»
Chalk it up to unconscious bias — specifically, a phenomenon called hyperbolic discounting: choosing an immediate benefit over a delayed benefit.
https://www.functionalmedicinecoaching.org/
And so a Health Coach who is armed with the ability to recognize biases like hyperbolic discounting is better able to help their clients become aware of that bias, and to find counter-biasing strategies to overcome it.
Sticking with our smoking example, hyperbolic discounting is choosing the immediate benefit of smoking a cigarette over the delayed benefit of lung health and reduced cancer risk.
But hyperbolic discounting — and the penalties and tax punishments associated with early withdrawal from most retirement savings vehicles — can scare us away from saving today for the distant future.
And the reason people do this has NOTHING to do with logic and everything to do with hyperbolic discounting.
One is our habit of «hyperbolic discounting» of long - term, murky threats, but that's just the start.
http://contextearth.com/2013/08/31/the-oil-drum-post/ The rapid hyperbolic discounting of profit from these wells makes these marginally profitable, with the average well construction cost of $ 9M barely being recouped when the discounting is factored in.That is quite a difference from conventional wells, ain't it?
The Case of Hyperbolic Discounting.»
Hyperbolic discounting curves for subject groups differing by DRD4 genotype (7 - repeat allele present, absent) and by exposure (yes, no) to an early family environment of socioeconomic disadvantage.
Not exact matches
Deniers, as both Lipstadt and Vidal - Naquet show, seem to have an endless supply of polemical tricks and dodges: they simply discount Jewish testimony out of hand as lie or fantasy; inculpatory testimony from the Nazis themselves is said to have been coerced by the triumphant Allies; documents confirming such testimony are said to be forgeries; Nazi statements and memoranda about the Final Solution are taken at face value if they are euphemistically phrased, but are interpreted as hyperbolic or figurative if they are blunt and explicit; photographs and films of executions are dismissed as fakes.