Before revision: This is compared with the formula for exponential discounting: Comparison If is an exponential discounting function and a hyperbolic function (with D the number of weeks of delay), then the with , and suppose both use units of weeks to measure D, the delay.
After revision: This is compared with the formula for exponential discounting: Comparison Consider an exponential discounting function and a hyperbolic function with with , and suppose both use units of weeks to measure D, the delay.