Thursday, October 02, 2014

Temporal Discounting

Temporal discounting is one of the reasons why global warming is not regarded as an important issue by many. Temporal discounting is where the further away things occur in time, the less important they are to an individual. Not all people think like this.

Psychlopedia: Temporal discounting
In short, delay or temporal discounting refers to the extent to which individuals prefer immediate but modest rewards to future but sizeable rewards.

No comments: