Finance:Future-oriented agent
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Revision as of 09:47, 5 August 2021 by imported>PolicyEnforcerIA (attribution)
In finance and economics, an agent is said to be future-oriented if he discounts the future lightly and so has a low discount rate, or equivalently a high discount factor.
Conversely, present-oriented agents discount the future heavily and so have a high discount rate, or equivalently a low discount factor.
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