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DataNostrum
npub1f2j…am7y
2024-06-21 08:57:01
in reply to nevent1q…z2qk

DataNostrum on Nostr: To me, time preference is about the timing of unpleasantness/sacrifice. A high time ...

To me, time preference is about the timing of unpleasantness/sacrifice. A high time preference decision is one that defers unpleasantness to a later date, with a pleasant outcome right now. A low time preference decision accepts unpleasantness in the immediate/short term, with the outlook of pleasantness later on. We all make both types of decisions (both large and small), but some people are more prone to one type.
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npub1f2jdyfzqwuzzn7n5tdn5l2m7gmkjvlek5x46uml5arfxadjm0afq5xam7y