Examlex
State the period of the function:
Temporal Discounting
The tendency to value immediate rewards more highly than future rewards, leading to a preference for sooner over later outcomes.
Avoidance
A psychological mechanism or behavior aimed at steering clear from a specific stimulus or situation due to its perceived negative consequences.
Status Quo Bias
A cognitive bias that favors existing conditions or states of affairs, leading individuals to resist change.
Omission Bias
The tendency to judge harmful actions as worse, or less moral, than equally harmful omissions (inactions).
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