The trouble with exponential discounting and how we undervalue the future | Hacker News

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		The trouble with exponential discounting and how we undervalue the future (bloomberg.com)
		5 points by gabaix on July 28, 2011 \| hide \| past \| favorite \| 1 comment

agalmicvinegar on July 28, 2011 [–]

Are people actually making long-term decisions based on that kind of obviously-too-simple model? That seems like cargo cult science to me.

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