About: Present bias

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Present bias is the tendency to rather settle for a smaller present reward than to wait for a larger future reward, in a trade-off situation. It describes the trend of overvaluing immediate rewards, while putting less worth in long-term consequences. The present bias can be used as a measure for self-control, which is a trait related to the prediction of secure life outcomes. In the field of behavioral economics, present bias is related to hyperbolic discounting, which differ in time consistency.

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  • Present bias is the tendency to rather settle for a smaller present reward than to wait for a larger future reward, in a trade-off situation. It describes the trend of overvaluing immediate rewards, while putting less worth in long-term consequences. The present bias can be used as a measure for self-control, which is a trait related to the prediction of secure life outcomes. In the field of behavioral economics, present bias is related to hyperbolic discounting, which differ in time consistency. (en)
  • Смещение к настоящему (англ. Present bias) — поведенческий феномен, возникающий из-за неустойчивости межвременны́х предпочтений индивидов. Характеризует ситуации, когда полезность ближайшего будущего дисконтируется сильнее, чем полезность отдалённого будущего. Впервые был исследован в 1981 году экономистом Ричардом Талером. Концепция активно разрабатывается в современных прикладных исследованиях в поведенческой экономике и психологии. (ru)
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  • Present bias is the tendency to rather settle for a smaller present reward than to wait for a larger future reward, in a trade-off situation. It describes the trend of overvaluing immediate rewards, while putting less worth in long-term consequences. The present bias can be used as a measure for self-control, which is a trait related to the prediction of secure life outcomes. In the field of behavioral economics, present bias is related to hyperbolic discounting, which differ in time consistency. (en)
  • Смещение к настоящему (англ. Present bias) — поведенческий феномен, возникающий из-за неустойчивости межвременны́х предпочтений индивидов. Характеризует ситуации, когда полезность ближайшего будущего дисконтируется сильнее, чем полезность отдалённого будущего. Впервые был исследован в 1981 году экономистом Ричардом Талером. Концепция активно разрабатывается в современных прикладных исследованиях в поведенческой экономике и психологии. (ru)
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  • Present bias (en)
  • Смещение к настоящему (ru)
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