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Behavioral Economics Online Tutoring | Behavioral Economics Tutorial Online

Online tutoring, as a reflection of the diversity of the wider Internet, is practiced using many different approaches and is addressed to distinct sets of users. The differences are in online content and interface, as well as in tutoring and tutor-training methodologies. Definitions related with online tutoring vary widely, reflecting the on-going evolution of the technology, the refinement and variation in online learning methodology, and the interactions of the organizations that deliver online tutoring services with the institutions, individuals, and learners that engage the services. This form of Internet service is a classical micropublishing situation.

Behavioral economics has also been applied to inter temporal choice. Inter temporal choice behavioral is largely inconsistent, as exemplified by George Ainslie's hyperbolic discounting (1975) which is one of the prominently studied observations, further developed by David Laibson, Ted O'Donoghue, and Matthew Rabin. Hyperbolic discounting describes the tendency to discount outcomes in near future more than for outcomes in the far future.

The pattern can actually be explained through models of sub additive discounting which distinguishes the delay and interval of discounting: people are less patient (per-time-unit) over shorter intervals regardless of when they occur. Much of the recent work on intertemporal choice indicates that discounting is a constructed preference.[citation needed] Discounting is influenced greatly by expectations, framing, focus, thought listings, mood, sign, glucose levels, and the scales used to describe what is discounted. Some prominent researchers question whether discounting, the major parameter of inter temporal choice, actually describes what people do when they make choices with future consequences. Considering the variability of discount rates, this may be the case.

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