TIME DISCOUNTING

assigning less weight or imperativeness to future occurrences than to current occurrences, frequently in relation with the utility values correlated with these occurrences.

TIME DISCOUNTING: "Time discounting is widely considered to be a fundamental part of human nature."
Cite this page: N., Pam M.S., "TIME DISCOUNTING," in PsychologyDictionary.org, April 29, 2013, https://psychologydictionary.org/time-discounting/ (accessed March 29, 2020).
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