discounting , or giving away freebies.
discounting going on a lot of businesses ran on negative margins because they wanted to get people in the habit of buying books and stocks
not discounting the difficult moments.
So in no way discounting that, but just like the notion that we will not always be perfect, you will not-- even just to use, again, a practical example,
We all know that discounting , in the short term, can be really great.
The market is a discounting process.
And I'm not discounting that some people do have a real sensitivity to gluten.
showcased new ideas without discounting the old.
And I'm not discounting -- because he gave me real good reason why that happened.
I'm not discounting any of it, I'm just saying there's room for other forms of it.
there is the discounting of civil liberties and human rights the the kind of lack of pluralism and diversity of
It's a future discounting mechanism.
We understand this problem of time-inconsistent discounting .
Let's talk really quickly about temporal discounting because that is something I just find fascinating.
But the concept of temporal discounting -- for our listeners and viewers who are not familiar with this, it's basically a term economists use
to win because you've been discounting him because of his color.
We have what he calls hyperbolic temporal discounting .
And then at least one other reason is called temporal discounting .
And discounting all the work, all the time you spent on the mountain, all of the accomplishments to get as high up on that mountain
But my question is pertaining to the amount of discounting arts
There's this theory in behavioral economics called hyperbolic discounting .
and they they do this task it's called a delay discounting task where it basically measures how much you'd be how much less of a reward you'd be willing
dying and their families disowning them and you know discounting them and not
The cap is there to stop the manager from discounting the fee to the uninformed to get a little bit more money.
Process they call discounting it back to the present.
and you see someone sawn into halves, discounting people way off the bell curve, young children and people that
Those little, quick moments, we are potentially discounting points of view.
to do something fun, your brain interprets that as effort because it's discounting the value of the future goal.
So indeed there's many pieces of evidence that there's a correlation between what we call temporal discounting or ability to postpone
So first it is the severe price discounting .
And this was a result of the discounting .
And in our lab we use paradigms, like what's called the social discounting task, where we give people the option
And so folks at home may have studied the idea of of discounting over time.
are depleting, that would change the calculation of the way we would end up discounting and that can
And the other thing that can be exponential, if you think about temporal discounting , is even an example in the workplace of someone
Whereas if you just had that, to me, is the temporal discounting .
My job is to stay grounded in who I am, to know my value-- so don't go into discounting mode.
And you learn, OK, with books, there is a price elasticity in book sales and that targeted discounting can be good for discovery.
And if we shift the way we pay attention-- so, for example, we're not overlooking someone or looking through them or discounting them, we're actually
up to a certain you know quantity so that the companies know this Market is there for the developing world for the places that they're discounting um