| Summary: | A person is future-biased when she would rather, other things being equal, that bad things be in the past than in the future, and that good things be the future than in the past. Most of us are, at least to some degree, future-biased. Consider: Your Past or Future Pain You wake up with an aching jaw. What is going on? You remember that you were scheduled to have your wisdom teeth removed, painfully but safely, under a weak local anesthetic, on Thursday. But has that happened yet? In your groggy condition you are not sure. It could be Friday morning. The ache in your jaw would then be an after-effect of the operation. And it could be Thursday morning. The ache in your jaw would then be the distress of your impacted teeth.
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