GM 🌅
Time preference refers to the tendency of individuals to value goods, services, or outcomes differently depending on when they are received or experienced. It's the concept that people generally prefer to receive benefits sooner rather than later, all else being equal. This preference for present consumption over future consumption is a fundamental aspect of human decision-making and plays a significant role in various economic theories, including consumer behavior, investment decisions, and savings behavior.
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npub1lf…v3vh5
2024-03-31 10:38:34
Author Public Key
npub1lf40mdzesu7l6r887qz40h2q2gnu52s2c4h83qe305ql9thfkprq3v3vh5Published at
2024-03-31 10:38:34Event JSON
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"content": "GM 🌅 \n\nTime preference refers to the tendency of individuals to value goods, services, or outcomes differently depending on when they are received or experienced. It's the concept that people generally prefer to receive benefits sooner rather than later, all else being equal. This preference for present consumption over future consumption is a fundamental aspect of human decision-making and plays a significant role in various economic theories, including consumer behavior, investment decisions, and savings behavior.",
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