Home›Decision-Making and Judgment Biases›Temporal Discounting Effects›All Temporal Discounting EffectsBrowse ByAll Temporal Discounting EffectsFactsAll Temporal Discounting EffectsSourcesComments (0)Reader Challenges (0)FactsComparisonOriginating WorkWell-attestedPaul Samuelson's 1937 discounted-utility model 1All Temporal Discounting EffectsFilter Results5 entriesBranch of PsychologyAllCognitive Psychology (2)First Described EraAll1975 (1)1985 (1)2003 (1)2011 (1)Type of PhenomenonAllCognitive Phenomenon (4)Emotional Phenomenon (1)In GroupAllTemporal Discounting Effects (5)BrowseCompareSelect all 5Hungry Judge EffectDecision-Making and Judgment BiasesHyperbolic DiscountingDecision-Making and Judgment BiasesPresent BiasDecision-Making and Judgment BiasesProjection BiasDecision-Making and Judgment BiasesSunk Cost FallacyDecision-Making and Judgment BiasesSources1. Wikipedia: Time preferencetier 2WikipediaTime preference, Samuelson sectionQuote, Time preference, Samuelson sectionSuch ideas were later formalized by Paul Samuelson in 'A Note on Measurement of Utility.' In this paper, he described a model wherein people want to maximize their utility over all future periods, with future utility being devalued exponentially from the present value.View the SourceComments (0)No comments yet. Be the first to share a thought.Sign in to join the discussion.Reader Challenges (0)No disputes yet. Spotted an error or a better source? Open the first one.Sign in to dispute this or suggest a correction.