What is Hyperbolic Discounting?
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The 80 Percent Express are special short episodes where I share a financial concept or answer a question sent by a listener.In this episode, we'll explore the concept of instant gratification and learn about a cognitive bias called hyperbolic discounting. We’ll discuss its impact on financial decision-making and give strategies to overcome it.To read the transcript, you can visit my blog post here. Hosted on Acast. See acast.com/privacy for more information.
What is Hyperbolic Discounting?