What Is The Present Bias In Behavioral Economics?

Present Bias refers to the tendency of people to give more weight to rewards that occur closer to the present moment.Other terms for “Present Bias” are: Instant gratification Immediate gratification

Related Behavioral Economics Terms

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What Is The Present Bias In Behavioral Economics?

Related Behavioral Economics Terms

Directed Cognition

Diversification Bias

Affect Heuristic

Dual Process Theory

Anchoring (Anchor)

Elimination By Aspects

Availability Heuristic

Empathy Gap

Behavioral Game Theory

Familiarity Bias

Behavioral Strategy

Bias

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