Hyperbolic discounting means your customers prefer the lower-sooner reward over the higher-later one. It means you have to modify your offer if you want them to pay more for something they will have to wait for.
Tag: hyperbolic discounting
Hyperbolic discounting means your customers prefer the lower-sooner reward over the higher-later one. It means you have to modify your offer if you want them to pay more for something they will have to wait for.