Delay-speedup asymmetry refers to the finding that individuals must be compensated more to delay consumption than they are willing to pay to speed up consumption.

Question

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Delay-speedup asymmetry highlights a behavioral economic principle where people generally require a larger incentive to postpone gratification than the amount they would pay to obtain something sooner, reflecting an inherent impatience in human decision-making.

Delay-Speedup Asymmetry Refers to the Finding That Individuals Must Be