Time is money. Waiting costs explain why selection favors steeper time discounting in deprived environments
Individuals exposed to deprivation tend to show a characteristic behavioral syndrome suggestive of a short time horizon. This pattern has traditionally been attributed to the intrinsically higher unpredictability of deprived environments, which renders waiting for long term rewards more risky (i.e....
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Elsevier Inc.
2021
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Subjects: | |
Online Access: | View Fulltext in Publisher |