Behavioral Science Dictionary

Quasi-Hyperbolic Discounting

Also known as: Beta-delta model, Beta-delta discounting

Time & Self-Control

A tractable model with one extra kink that captures present bias in a single parameter.

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Related terms

• Magnitude Effect
• Picoeconomics
• Present bias
• Procrastination
• Projection bias
• Psychological Distance
• Reflection On Risk Over Time
• Restraint bias
• Savoring
• Self-control
• Self-Licensing
• Sequence Effects

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