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While Gottfredson and Hirschi propose that lack of self-control is the main cause of crime, they also suggest that it is linked to a range of other behaviours and life outcomes. What are the analogous behaviours, which are also often viewed as deviant, in which people with low self-control are more likely to engage? What are some of the broader "social consequences" of this lack of self-control?
Accrued Interest
Interest earned or owed that has not yet been paid or received.
Discounting
The process of determining the present value of a future amount of money or stream of cash flows given a specific rate.
Present Dollar
Present Dollar refers to the value of a sum of money in terms of its purchasing power at the current period, not adjusted for inflation or deflation over time.
Equal Payments
Regularly scheduled payments of the same amount over the term of a loan or lease, combining principal and interest components.
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