Delay discounting
Our tendency to devalue money and other goods based on time is called delay discounting.
This is an important aspect in procrastination because the completion of the project happens in the future. Finishing a project is a delayed reward, so its value in the present is reduced: the further away a deadline is, the less attractive it seems to work on the project right now.
1.66K
6.54K reads
The idea is part of this collection:
Learn more about timemanagement with this collection
How to find common interests
How to be a good listener
How to overcome social anxiety
Related collections
Similar ideas to Delay discounting
Procrastination and subjective value
Our choice to work on a project is guided by how much we value finishing that project in that moment. Psychologists call this "subjective value."
Procrastination, psychologically speaking, is what happens when the value of doing something else outweighs the value of workin...
Procrastination
Procrastination is one habit that most of us have. We tend to delay finishing a task or a project not because we are lazy but because we have negative emotions surrounding the task - boredom, anxiety, depression, and more.
It is a chronic cycle that rewards our present sel...
4. Startup Delay
Time to Interaction (TTI) is a key aspect of how a user perceives the performance of an app. The TTI of our iOS app is noticeably longer than other competing messaging apps written in native code. Since React Native loads and parses all the Javascript code before execution, you get startup delay ...
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates