Examlex
According to the adaptive explanation for sleep,why do cows sleep less than bats?
Availability Heuristic
An intellectual simplification employed when the examples readily thought of are used to assess a particular matter, notion, method, or judgement.
Time Inconsistency
is a situation where a person's preferences change over time, such that what they choose today may differ from what they will choose in the future, often leading to decision-making challenges.
Present
The current moment or period in time.
Future
Refers to the time that is yet to come, also used in finance as a contract to buy or sell an asset at a predetermined future date and price.
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