From wiki:
A dynamic decision problem
... Finally, we assume impatience, represented by a discount factor $0 < \beta < 1$
What the meaning of "impatience"? I can't understand even if I read https://en.wiktionary.org/wiki/impatience.
2026-03-28 12:49:15.1774702155
What the meaning of "impatience" in Bellman equation?
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