Future discounting—the tendency to prefer immediate rewards over future benefits—is a well-studied phenomenon in economics, psychology, and policy-making. Despite decades of research, the literature remains fragmented across disciplines, making it difficult for researchers, policymakers, and educators to gain a holistic understanding. A synthesis of this scattered knowledge could clarify theoretical disagreements, highlight practical applications, and reveal gaps in current research.
One way to address this gap would be a systematic review that consolidates key research on future discounting. This could involve:
Such a synthesis could benefit multiple stakeholders, including academics seeking a unified reference, policymakers needing clear guidance on long-term planning, and educators looking for structured teaching materials.
While prior reviews like Frederick et al. (2002) and Dasgupta (2008) have explored aspects of discounting, they tend to focus narrowly—either on individual decision-making or specific applications (e.g., climate policy). A more comprehensive approach could bridge these perspectives by integrating newer research and highlighting interdisciplinary connections. This would help resolve definitional differences (e.g., "discount rate" in economics vs. psychology) and illuminate how varying assumptions impact real-world decisions.
To test feasibility, a simpler initial version could involve:
Funding might come from research grants or institutional partnerships, with outputs tailored to both academic and policy audiences.
Hours To Execute (basic)
Hours to Execute (full)
Estd No of Collaborators
Financial Potential
Impact Breadth
Impact Depth
Impact Positivity
Impact Duration
Uniqueness
Implementability
Plausibility
Replicability
Market Timing
Project Type
Research