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Present bias

Present bias is the tendency to settle for a smaller present reward rather than wait for a larger future reward, in a trade-off situation. It describes the trend of overvaluing immediate rewards, while putting less worth in long-term consequences. The present bias can be used as a measure for self-control, which is a trait related to the prediction of…

History, Brain areas & Health

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Overview

History

Brain areas

Delayed gratification

Health

Wealth distribution

Tourism

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Map overview Semantic statistics

Present bias

Nodes63
Edges62
Triples53
Avg. degree1.97
Density0.031746
Components1

How this topic connects Entity context

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Present bias

Top relations

related to Wealth distribution · 9
Present bias → An, As, Economical, If, It, Loss, Present, Present-biased, Such
related to Health · 8
Present bias → For, It, Many, People, Present, The, They, This
related to Present bias and economics · 8
Present bias → As, In, Into, Only, Phelps, Pollak, The, Therefore
related to Tourism · 6
Present bias → Although, Group, Hence, Impulsivity, Individual, Present
related to history · 5
Present bias → Ancient Greece, Do, Even, Greek, Hesiod
related to Political elections · 5
Present bias → Individuals, Patience, Political, Present, Whereas
related to Procrastination · 4
Present bias → However, Present-biased, Procrastination, The
is a · 1
Present bias → tendency to settle for a smaller present reward rather than wait for a larger future reward

Important terminology Word statistics

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Important terminology

bias present immediate future reward also gratification people cortex self-control time health decisions rewards areas procrastination visceral prefrontal wealth elections

Entity relationships Subject–Predicate–Object triples

SubjectPredicateObjectConfidenceSrc
Present biasis atendency to settle for a smaller present reward rather than wait for a larger future reward0.90text
overeatinginstance ofit can lead to self-destructive behavior0.80text
ageinstance ofOther factors0.80text
genderinstance ofOther factors0.80text
cultural backgroundinstance ofOther factors0.80text
educationinstance ofOther factors0.80text
self-control also play a role in making discounting decisionsinstance ofOther factors0.80text
risk aversiveness play into overspending caused by the effect of present biasinstance ofIndividual differences0.80text
Present biasrelated to HealthPresent0.60section
Present biasrelated to HealthIt0.60section
Present biasrelated to HealthThis0.60section
Present biasrelated to HealthPeople0.60section

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    Min side: 3
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