Present bias
tendency to rather settle for a smaller present reward than to wait for a larger future reward, in a trade-off situation
en-GB/ˈpɹɛznt ˈbaɪəs/
en-US/pɹiˈzɛnt ˈbaɪəs/
tendency to rather settle for a smaller present reward than to wait for a larger future reward, in a trade-off situation