What Is Hyperbolic Discounting

question 51

Multiple Choice

What is hyperbolic discounting?

• A) the tendency to place much greater importance on the immediate present than even the near future when making economic decisions
• B) the use of a positive discount rate that exceeds the real interest rate
• C) the valuing of future benefits at an exponentially higher rate than current benefits
• D) the ability of people to psychologically discount losses more than gains

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