Time preference
id:
time-preference-173-11066219
title:
Time preference
text:
In economics, time preference is the current relative valuation placed on receiving a good or some cash at an earlier date compared with receiving it at a later date. Time preferences are captured mathematically in the discount function. The higher the time preference, the higher the discount placed on returns receivable or costs payable in the future. One of the factors that may determine an individual's time preference is how long that individual has lived. An older individual may have a lower
brand slug:
wiki
category slug:
encyclopedia
description:
Economics valuation
original url:
https://en.wikipedia.org/wiki/Time_preference
date created:
2003-06-27T16:26:03Z
date modified:
2024-09-02T11:53:15Z
main entity:
{"identifier":"Q186412","url":"https://www.wikidata.org/entity/Q186412"}
image:
fields total:
13
integrity:
15