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Will Rinehart · Aug 19, 2024

Notes on time: economics, discounting, innovation, etc.

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I’m fascinated with time, the history of wrist watches, how the clock made the modern world, how our modern months and days got their names, the concept of time keeping, the psychology of time, time’s importance in economics, discounting, and so on. These are my collected notes on time. Time, discounting, and time preferences A common theme in the behavioral economic literature is that…

I’m fascinated with time, the history of wrist watches, how the clock made the modern world, how our modern months and days got their names, the concept of time keeping, the psychology of time, time’s importance in economics, discounting, and so on. These are my collected notes on time. Time, discounting, and time preferences A common theme in the behavioral economic literature is that individuals make irrational decisions. One of the most well known of these tendencies is called hyperbolic discounting.

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