Tag Archive for 'Temporal Discounting'

Hyperbolic Discounting: Why most people don’t succeed

Published on October 7, 2013 in 1% Improvement, Business Coaching, Business Mentoring, Exponential Mindset and Strategy. 0 Comments Tags: , , .

I can tell you that without a doubt, hyperbolic discounting has to be one of the primary contributors to non-success. Given two similar rewards, humans show a preference for one that arrives sooner rather than later. Humans are said to discount the value of the later reward, by a factor that increases with the length […]