• What Part Of V = A / (1+kD) Don't You Understand?

  • May 16 2022
  • Length: 34 mins
  • Podcast

What Part Of V = A / (1+kD) Don't You Understand?

  • Summary

  • Humans are terrible at estimating the value of future events & experiences. When a payoff is in the future, we especially undervalue that payoff. Most of us will take a lesser payout today versus a higher payout in the future (think, instant gratification) 

    Behavioral Economists have developed a way to model and explain this behavior, called Hyperbolic Discounting. It's complex, yet fascinating math. Below are a few links to help you learn more if you'd like

    https://www.youtube.com/watch?v=6p0J6gFwQ1c&feature=youtu.be
    https://dash.harvard.edu/bitstream/handle/1/4481499/Laibson_GoldenEggs.pdf

    Support our sponsor please. Check out Renpho Health Products @ https://renpho.com/?ref=jB8zAYpJCoJ2A

    Show More Show Less
activate_samplebutton_t1

What listeners say about What Part Of V = A / (1+kD) Don't You Understand?

Average Customer Ratings

Reviews - Please select the tabs below to change the source of reviews.

In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.