Present Bias

One concept. Four tiers of command. Which do you speak?

Category: Cognition

Foundational Lexiconwant it now
Executive Parlancetemporal impatience
Scholarly Discoursehyperbolic preference
Babel ZenithPresent Bias
Origin: Behavioral Economics

Etymology & Meaning

Disproportionate preference for immediate rewards.

In the Boardroom

Choosing smaller immediate gains over larger future ones.

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