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Temporal discounting is our tendency to want t
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New research from Wharton and the Carlson School shows that a methodologically-appealing measure of impulsivity - hyperbolic discounting rate - may actually reflect a systematic "skew" in the way people perceive time.
The Stern Report -- a report by Sir Nicholas Stern, head of Britain's economic advisory panel -- that came out last month urged action on climate change in terms of future economic loss.