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Sep 2023
16m 18s

Backlog Psychology - Hyperbolic Discount...

JONATHAN CUTRELL
About this episode
In this episode we continue the mini-series "Backlog psychology." Would you rather have $5 now or $50 next week? The answer to this question, though it seems logically obvious which is better, does not always produce the same response. The required incentive to convince someone to wait tends to follow an exponential curve upward. This is not just true with ... Show More
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