What is temporal discounting?
A)The tendency for people to forget about the time that would be required to achieve things when setting goals
B)The tendency for people to place greater weight on the present than the future while making decisions
C)The tendency for plans to be overly optimistic because the planner does not make allowances for unexpected events
D)The tendency for people to ignore past or historical events when making decisions

Question

Quizplus · Accepted Answer

Temporal discounting refers to the tendency of individuals to prefer smaller, immediate rewards over larger, delayed rewards, emphasizing a greater value on the present moment than on the future.

What Is Temporal Discounting