Temporal discounting examples

1. A person is offered $100 today or $150 in one month. They choose to take $100 today because they value immediate rewards more than delayed rewards.

2. A student is given the choice between studying for an upcoming exam or going out with friends. The student decides to go out with friends because they prioritize immediate pleasure over future academic success.

3. A person is offered a free gym membership for a year, but they have to start using it immediately. They decline the offer because they do not want to commit to a long-term obligation.

4. An individual is given the option to save $100 a month for retirement or spend it on luxury items. They choose to spend the money on luxury items because they prefer immediate gratification over long-term financial security.

5. A person is given the choice between receiving $50 now or $100 in a week. They choose to take the $50 now because they have an urgent need for money.