Significant costs incurred due to delays
Significant costs incurred due to delays
https://gyazo.com/c55ccca9cd296e6685c175584802f68d
When there is an option that incurs a small cost quickly and an option that incurs a large cost later, Mr. B, who can see the whole picture, prefers the upper option that incurs a small cost quickly.
However, Mr. A, with his myopic vision, dislikes the smaller costs that occur earlier and prefers the lower option because the larger costs that occur later are out of his view
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