The discounting of delayed rewards, also known as temporal or delay discounting, is intrinsic to everyday decisions and can be impaired in pathological states such as addiction disorders. Preclinical ...

That is the premise on which temporal discounting, a major tool in economic theory, is based on. If we want to compare present and future payoffs, we must account for the fact that we tend to value ...

The data is alarming: Most people aren’t saving enough for retirement. According to the 2019 Planning & Progress Study nearly one in four of Americans have less than $5,000 put aside for retirement.

Ever wonder why it feels like you're always broke? Even if you put your best effort into saving money, you might look at your bank account and wonder where it all vanishes. Interestingly, research ...

I have spent most of my career so far investigating one phenomenon: the tendency for people to prefer smaller, sooner rewards over larger, later rewards. This tendency is known as temporal discounting ...

A large study involving more than 60 countries finds that individuals across income groups and locations often prefer immediate gains at the expense of future gains, a phenomenon known as temporal ...

They don’t make things like they used to. From sweaters to furniture, cheap consumer goods break down quickly and are frequently discarded. Consumers typically wear fast-fashion products for less than ...

A research team from the University of Cologne conducted one of the most comprehensive studies on dopamine and decision-making in humans so far, providing evidence for effects of the former on the ...