4 ms·
Hyperbolic discounting is the term economists use to describe people liking things a lot more now than later: https://en.wikipedia.org/wiki/Hyperbolic_discount
by CompelTechnic 8y ago
Hyperbolic discounting is the term economists use to describe people liking things a lot more now than later:
https://en.wikipedia.org/wiki/Hyperbolic_discounting https://en.wikipedia.org/wiki/Hyperbolic_discounting
The hedonic treadmill is, in a nutshell, the reason we become complacent to newly acquired luxuries:
https://en.wikipedia.org/wiki/Hedonic_treadmill https://en.wikipedia.org/wiki/Hedonic_treadmill
So not only do we want fancier things now, but we don't really appreciate them when we have them! Humans are silly.