The future price of gold cannot be discussed without considering its implied discount rate expressed through time-preference. This is the relative desire to own goods at an earlier date rather than ...
Every parent has observed the remarkable evolution in their children's capacity for patience. In early childhood, kids often struggle to wait for anything, consumed by the immediacy of the present ...
Forbes contributors publish independent expert analyses and insights. Korok Ray is a PhD economist/professor who researches/teaches Bitcoin. As we all know by now, the real value of bitcoin comes from ...
Mind/Matter, a fantastic contributor here at the magazine, also has a rather popular Twitter account, which focuses more on health and lifestyle than exclusively bitcoin. I’m a big fan of the content ...
This is a preview. Log in through your library . Abstract This study examined whether time trade-off (TTO) values adjusted for time preferences are more consistent with individuals' preferences. This ...
When the market falls faster than a tree in the forest, the phrases “zoom out” and “lower your time preference” take root. “Zoom out” refers to taking a break from the omnipresent price charts that ...
The pure time-preference theory of interest is an economic theory that seeks to explain the phenomenon of interest. American economist Frank Fetter was the best-known proponent of the pure ...
Andreas C. Drichoutis, Rodolfo M. Nayga Jr. We revisit the claims about the biological underpinnings of economic behavior by specifically exploring if observed gender differences in risk/time ...
Preface: All human action stems from the desire to increase our supply of accessible energy reserves. Humans act to transform energy from inaccessible to accessible. We seek to acquire energy reserves ...
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