http://www.discusseconomics.com/behavioral-economics/hyperbolic-discounting-explained/ Join the conversation on a variety of economic and finance discussions. Sun, 05 Feb 2012 11:15:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.discusseconomics.com/behavioral-economics/hyperbolic-discounting-explained/comment-page-1/#comment-6534 Dr. Steven J. Balassi Thu, 26 Jun 2008 02:24:41 +0000 http://www.discusseconomics.com/articles/behavioral-economics/hyperbolic-discounting-explained/#comment-6534 You are correct, but what should the government do about it? Is it better to have programs like Social Security in the U.S. or let individuals save? The reality is that people don’t save as much as they should. The government needs to have some sort of forced savings. It’s probably not the best solution but it’s the real one with human nature. You are correct, but what should the government do about it? Is it better to have programs like Social Security in the U.S. or let individuals save? The reality is that people don’t save as much as they should. The government needs to have some sort of forced savings. It’s probably not the best solution but it’s the real one with human nature.

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