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In General, One Should Use Higher Discount Rates for Longer-Term

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In general, one should use higher discount rates for longer-term projects.


Definitions:

Archetypes

Universal, instinctive themes and symbols present in the collective unconscious, proposed by Carl Jung, that shape human experiences and behaviors.

Humanistic

Pertaining to a psychological perspective that emphasizes individual potential for growth and the importance of human values.

Psychoanalytic

Relating to a theory and therapy developed by Sigmund Freud that emphasizes unconscious psychological processes and contends that childhood experiences are crucial in shaping adult personality.

Cognitive-Behavioural

A therapeutic approach combining cognitive and behavioral techniques to alter maladaptive thoughts and behaviors.

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