The article discusses how people make decisions based on the tradeoffs between current and future payoffs, rather than following typical discounting models. It shows that individuals tend to prefer higher payoffs with exponential discounting, while those with hyperbolic discounting prefer harder or restrictive options. By manipulating uncertainty, individuals with hyperbolic discounting can be encouraged to cooperate. The study applies hyperbolic discounting to the cooperation problem in the game of iterated prisoner's dilemma, showing that delayed payoffs are more important for smaller weights, leading rational actors to choose cooperation for higher future rewards.