What is Hyperbolic Discounting | Explained in 2 min

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In this video, we will explore What is Hyperbolic Discounting
Hyperbolic Discounting refers to the tendency for people to increasingly choose a smaller-sooner reward over a larger-later reward.

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Thank you for this simple yet helful definition

ankitagautam
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This was phenomenal content! Thank you

Kingsolomon
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Hyperbolic discounting is something else and not explained in this video. This is just explaining discounting. The interesting point of "hyperbolic" is missed here

antongrip