New study challenges traditional assumptions about time horizon effects on decision-making.
The article compares different ways of testing how time affects decision-making, using real rewards and two sets of data. One common method shows that people tend to value immediate rewards more than future ones, but other methods show different results. Overall, the data don't match the usual ideas about how people make decisions about time and also suggest that people don't always make consistent choices. This challenges what we thought we knew about how people think about the future.