discounted utility
noun phraseA framework that weighs the value of future outcomes according to when they occur.
Time-weighted value of outcomes
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5 entries matching "discount" / Showing 1-5
Clear all filtersexponential discounting
noun phraseA model that reduces the present value of a future outcome by the same proportional factor for each equal unit of delay.
hyperbolic 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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minimize
verbTo reduce something as much as possible, or to present it as less important.
Reduce to a minimum
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present-biased
adjectiveGiving disproportionately greater weight to an immediate outcome than to a later one.
Overweighting immediate outcomes
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