Asked by Dominique Brienza on Jul 10, 2024
Verified
In decision making, the tendency for people to place greater weight on the present over the future is known as ________________.
Temporal Discounting
The tendency to devalue rewards and benefits that are received in the future compared to those received in the present.
- Explain the phenomenon of temporal discounting and its influence on decision making and future planning.
Verified Answer
AG
Learning Objectives
- Explain the phenomenon of temporal discounting and its influence on decision making and future planning.
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