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Everything's Psychology

Bias: Present Bias

February 3, 202638 min · 5,273 words

Show notes

My final short story on behavioural biases. This week, the story focuses on the power of today over tomorrow by looking at present bias. Present bias describes our tendency to give greater weight to rewards available now, while undervaluing the costs those choices impose on our future. And, in this story, I try to take this idea to its extreme. I hope these little psychological stories have been enjoyable for you.

Highlighted moments

We become farsighted philosophers when everything is distant, yet impulsive children when the reward is just hours away.
people find the idea as painful as giving money to a complete stranger
It's actually a very rational throwback to when nutritional goodies were scarce. Our ancient ancestors leaving food you could consume now was a very dangerous strategy
You've shot an arrow through your own heart, you bloody fool.

Transcript

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