Temporal Discounting

"There's a human tendency to under- or over-estimate the value of a reward based on its temporal proximity [how soon we'll get a payoff for the effort]."

~ AsapSCIENCE

[youtube=://www.youtube.com/watch?v=1nBwfZZvjKo&w=854&h=480]

See also:

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Silence Lets Your Mind Just Be Free to Run Around