The statement "You only live once"-popularly abbreviated "YOLO"-which is used by many people to justify irrational decisions is best described as
A) a framing bias.
B) a sunk cost fallacy.
C) overconfidence.
D) overvaluing the present over the future.

Question

Quizplus · Accepted Answer

The statement "You only live once" (YOLO) encourages prioritizing current pleasures or opportunities over future consequences, embodying the concept of overvaluing the present over the future. It reflects a bias towards immediate gratification, often at the expense of long-term benefits or considerations.

The Statement "You Only Live Once"-Popularly Abbreviated "YOLO"-Which Is Used