What is present bias in economics?

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2026-06-10 11:54:58 -

What Is Present Bias in Economics? The Tyranny of Now A curious feature of human nature reveals itself every January. People buy running shoes. They join gyms. They promise themselves they will save more money, spend less time scrolling, and eat fewer desserts. The intentions are sincere. Yet by March, many of those plans have dissolved into memory. Economists once viewed this pattern as...

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