Making Better Decisions: An Investigation of Time-Biases

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The aim of this project is to empirically and normatively evaluate two kinds of time-biases. Using an interdisciplinary approach, this project will empirically investigate near-bias and future-bias in a unified manner, and use this data to inform theorising about the rationality of time-biased preferences. The project will yield a rich account of the conditions under which we display time-biases and the likely mechanisms that underlie them. This project will determine whether, and when, time-biased preferences lead to sub-optimal outcomes, and lay the groundwork for determining which strategies mitigate these biases, leading to better decisions and outcomes.