discounting, or myopia: they discount variables far into the future at higher rates than typically implied in the benchmark model … minimal estimated degrees of myopia. The results indicate that the empirical evidence for cognitive discounting may be …

discounting, or myopia: they discount variables far into the future at higher rates than typically implied in the benchmark model … minimal estimated degrees of myopia. The results indicate that the empirical evidence for cognitive discounting may be …

the economics domain. In the experiment we find that: 1) traditional economic models based on discounting alone cannot …; 2) our model, despite considering only a specific (exponential) form of discounting, can explain the data much better … basic predictions of discounting theories: the deviations are not random and there are clear systematic patterns of …