Present BiasWhy people plan to save and then do not.EconomicsHyperbolic discounting means near-term trade-offsare weighted far more steeply than distant ones.Prefer £100 today to £110 tomorrow, but £110 in 31 days to £100 in 30Choosing in advancePatient choiceChoosing in the momentImpatient choiceReversal.Commitment deviceLocks in the earlier planTHE COMMON MISTAKETreating it as a failure of willpowerIt is a structural feature of discountingThe preference genuinely reverses as the delay shrinks. Commitment deviceswork where resolve does not.Automatic enrolment works for exactly this reason: it makes the patientchoice the one requiring no action.Present Biaslearnposters.com
Present Bias — printable business wall chart from LearnPosters. Free vector PDF, US Letter and A4.

What’s on the Present Bias poster

The rule, 3 worked examples, and the mistake everyone makes.

Automatic enrolment works for exactly this reason: it makes the patient choice the one requiring no action.

Questions about the Present Bias poster

What’s on the Present Bias poster?
The rule, 3 worked examples, and the mistake everyone makes. Hyperbolic discounting means near-term trade-offs are weighted far more steeply than…; Prefer £100 today to £110 tomorrow, but £110 in 31 days to £100 in 30; Choosing in advance = Patient choice; Choosing in the moment = Impatient choice; Commitment device = Locks in the earlier plan; Common mistake: Treating it as a failure of willpower → It is a structural feature of…. Automatic enrolment works for exactly this reason: it makes the patient choice the one requiring no action.
Who is the Present Bias poster for?
Present Bias belongs to the Economics section rather than to a school year, because business is not something one grade owns. Anyone learning behavioural economics can pin it up — a beginner, a student mid-course, or someone revising years later.
When should you use the Present Bias poster?
Discounting is steeper in the near term than the long term, so plans reverse as the moment arrives. A wall chart earns its place by being glanceable from where the work is happening, so Present Bias belongs on the wall where that business work actually happens, within glancing distance, rather than filed away.
What other posters go with Present Bias?
Nudges in Policy, Critiques of Behavioural Economics and Behavioural Finance sit alongside Present Bias in the Economics section. Printed together they make a wall rather than a single sheet, which is how a reference set actually gets used.Nudges in PolicyCritiques of Behavioural EconomicsBehavioural Finance
Is the Present Bias poster free to download and print?
Yes. Present Bias downloads as a free PDF with no account, no email and no watermark, like everything else in the Economics section. Print as many copies as you like for a home, a classroom, a library or a tutoring group; reselling the file is the only thing the licence rules out.Read the licence
What size does the Present Bias poster print at?
Present Bias is a vector PDF laid out for US Letter, and prints on A4 with Fit to page — the same file, no separate download. Because every mark on it is drawn rather than photographed, it stays sharp enlarged to A3, A2 or A1 at a copy shop. Colour carries emphasis only, so a greyscale print of Present Bias loses nothing.Printing guide

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