What is the term used to describe the tendency of individuals to place greater value on immediate rewards over future rewards? A. Hyperbolic discounting B. Time inconsistency C. Anchoring D. Loss aversion
What is the term used to describe the tendency of individuals to place greater value on immediate rewards over future rewards? A. Hyperbolic discounting B. Time inconsistency C. Anchoring D. Loss aversion
Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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What is the term used to describe the tendency of individuals to place greater value on immediate rewards over future rewards? A. Hyperbolic discounting B. Time inconsistency C. Anchoring D. Loss aversion
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