Tag: time

  • Episode 8: Time Discounting and Time Preference

    Episode 8: Time Discounting and Time Preference

    How humans perceive time is a tricky question, and one that I am not going to answer today. Too much unknown and unexplored psychology and not enough behavioral economics. Maybe how humans perceive time is a more interesting question, I’m not sure. But what is easier to measure is how much you are willing to…

  • 100 Things You Should Know About People: #59 — Time Is Perceived as Relative

    100 Things You Should Know About People: #59 — Time Is Perceived as Relative

    Has this ever happened to you? You are traveling 2 hours to visit friends. It’s two hours to get there and 2 hours to get back, but the trip there feels much longer. It’s about the mental processing — In his interesting book, The Time Paradox, Philip Zimbardo discusses how our experience of time is…