Delay Discounting: Does time really equal money?

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Today we're talking about delay discounting, sometimes called hyperbolic discounting. How it matters for you, how it relates to impulsivity, and how it can be modeled mathematically.

Note: This is the most common delay discounting formula; there are others, but this is a great starting point.

Further Reading:

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I was trying to bring up this issue for my campus final design project, but when I do an interview to a Psychologist, apparently these stuff are not delay-discounting and instead Intertemporal Choice.

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