Mind & Psychology•October 13, 2025•1 min read

Hyperbolic Discounting: $100 Now or $200 Later?

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Economics / PsychologyContributor

The Present Bias

Would you prefer 100todayor100 today or 110 tomorrow? Most say 100today.Wouldyouprefer100 today. Would you prefer 100 in 30 days or 110in31days?Mostsay110 in 31 days? Most say 110 in 31 days.

Logically, the difference is the same (waiting 1 day for $10). But our brain applies a massive “discount” to anything that is not right now.

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Economics / Psychology

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