Behavioral finance: Hyperbolic discounting (It is my money and I need it now!)
UBS On-Air: Market Moves - En podcast av Client Strategy Office
Would you rather receive 100 USD today or 110 USD next year? Most of us will choose a smaller, immediate payout over a larger reward that we need to wait for. This tendency contributes to procrastination, and makes it more difficult for us to achieve our long-term goals. In this podcast, we discuss strategies for tackling the hyperbolic discounting bias to achieve our New Year’s Resolutions and long-term aspirations.
