The tendency of people to discount long-term values more than they do near-term values-making many people "future blind"- is known in behavioral economics as

A) myopia.
B) anchoring.
C) framing effects.
D) time inconsistency.

Myopia

A condition or behavior characterized by a lack of foresight or planning for the future, often focusing only on short-term benefits.

Behavioral Economics

The study within economics that delves into how individuals' and institutions' economic decisions are swayed by psychological, emotional, cognitive, cultural, and social factors.