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In behavioral economics, time preference (or time discounting, [1] delay discounting, temporal discounting, [2] long-term orientation [3]) is the current relative valuation placed on receiving a good at an earlier date compared with receiving it at a later date. [1] Applications for these preferences include finance, health, climate change.
Time discounting or temporal discounting is a wide range of ideas involving the connection between time and the extent to which an object, situation, or course of action is seen as valuable. The overall theory is that people put more value and worth into immediate events and outcomes, and apply less value to future outcomes or events.
International Journal of Mentoring and Coaching in Education; Journal of Educational Psychology; Journal of Positive Behavior Interventions; Journal of Psychoeducational Assessment; Journal of Research in Reading; Learning and Individual Differences; Mind, Brain, and Education; Psychology in the Schools; School Psychology
This page lists peer-reviewed academic journals in educational psychology and closely related fields.. Academy of Management Learning & Education; American Journal of Distance Education
Journal of Experimental Psychology: Learning, Memory and Cognition; Journal of Experimental Psychology: Animal Learning and Cognition; Journal of Experimental Psychology: Applied; Journal of Environmental Psychology; Journal of Experimental Psychopathology; Journal of Happiness Studies; Journal of Health Psychology; Journal of Homosexuality ...
This category is for academic journals (including scientific journals) published by the American Psychological Association (APA), including both APA's own journals and those published by APA's Educational Publishing Foundation on behalf of other organizations (e.g., Canadian Psychological Association).
Hyperbolic discounting, where discounting is the tendency for people to have a stronger preference for more immediate payoffs relative to later payoffs. Hyperbolic discounting leads to choices that are inconsistent over time—people make choices today that their future selves would prefer not to have made, despite using the same reasoning. [52]
Exponential discounting yields time-consistent preferences. Exponential discounting and, more generally, time-consistent preferences are often assumed in rational choice theory, since they imply that all of a decision-maker's selves will agree with the choices made by each self. Any decision that the individual makes for himself in advance will ...