“…Equation has two free parameters, an exponent, beta, that captures the degree of compression in future time perception and a coefficient, alpha. While we refer to the exponent of the power function as capturing the degree of compression in future time perception, others refer to nonlinearity (Han & Takahashi, 2012; Kim & Zauberman, 2009) or to increasing deceleration (Agostino, Zana, Balci, & Claessens, 2019). The alpha parameter is a scaling factor restricted to any positive number that is responsible for the overall height of the time function (see Figure 2a).…”