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In article <loctfjF6l90U3@mid.individual.net>,Time span of discretion...from the 1960s
rbowman <bowman@montana.com> wrote:I can never remember if high time preference or low time preference is theThat's high time preference. From
one that thinks '$100 today is better than a tomorrow that may never come'
but it does seem to be the dominant philosophy.
https://www.sciencedirect.com/science/article/abs/pii/S0167739X21004982:
"Someone with a high time preference is highly focused on their well-being
in the present and the immediate future (a 'today person'), whereas
someone with a low time preference places more emphasis on their well-being
in the more distant future (a 'tomorrow person')."
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