exponential discounting
noun phraseA model that reduces the present value of a future outcome by the same proportional factor for each equal unit of delay.
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Clear all filtershyperbolic discounting
noun phraseA model of time preference in which the value assigned to a delayed outcome falls sharply at short delays and more gradually at longer delays.
Delay-sensitive discount model
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enumeration
nounAn orderly listing or count of separate items.
fiscal
adjectiveRelating to revenue, spending, or financial administration.
fiscal year
nounA twelve-month period used for accounting or financial reporting.
present-biased
adjectiveGiving disproportionately greater weight to an immediate outcome than to a later one.
Overweighting immediate outcomes
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