The Tendency of People to Discount Long-Term Values More Than

question 109

Multiple Choice

The tendency of people to discount long-term values more than they do near-term values-making many people "future blind"- is known in behavioral economics as

• A) myopia.
• B) anchoring.
• C) framing effects.
• D) time Inconsistency.

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English Language

A West Germanic language originating in medieval England, now the primary language of international discourse and a global lingua franca.

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Relationships or associations between individuals, often based on shared interests, experiences, or mutual acquaintances.

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The thirteen territories in North America founded and governed by England between the early 17th and late 18th centuries.

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A measure of the value of all assets of worth owned by a person, community, company, or country.