Present Bias is a cognitive bias characterized by overvaluing immediate rewards at the expense of long-term goals.
Example: Eating cake now despite wanting to lose weight, telling yourself you’ll diet tomorrow.
Present Bias
·31 words·1 min·
Present Bias is a cognitive bias characterized by overvaluing immediate rewards at the expense of long-term goals.
Example: Eating cake now despite wanting to lose weight, telling yourself you’ll diet tomorrow.
