Situated on Pandon Bank, just minutes from Northumbria University campus and the Students' Union building, Manor Bank is in the perfect location to make the most out of your time at Northumbria University.
Discounting principle. - Discounting principle: Discounting principle refers to a rule of Attribution which states that the perceived role of a cause will be discounted or reduced if other plausible causes are also present.
The term âhyperbolicâ is used because this formula is the generalized function for a hyperbola. With hyperbolic discounting, the rate of discounting decreases as the delay occurs further in the future. Thus, the amount a future reward is discounted depends on the length of the delay and when the delay occurs.