Every parent has observed the remarkable evolution in their children's capacity for patience. In early childhood, kids often struggle to wait for anything, consumed by the immediacy of the present ...

Prior studies have found a strong negative relation between smoking and body mass index (BMI). Smoking and unhealthy eating both imply a preference for utility in the present at the expense of future ...

The pure time-preference theory of interest is an economic theory that seeks to explain the phenomenon of interest. American economist Frank Fetter was the best-known proponent of the pure ...