HYPERBOLIC DISCOUNT (PLUS OR MINUS TWO) BY KOBUS ROSSOUW
Hyperbolic discounting is a cognitive bias, an ingrained mental chaos that defies logic and common sense. It happens when people would rather receive R5 right now than R10 in a month's time. Given two similar rewards, people show a preference for one that arrives sooner rather than later.
This exhibition by Kobus Rossouw - which consists of toner-powder paintings, woodcuts, etchings and screen prints - comments on a person's irrational desire for an immediate reward rather than a higher value, delayed reward and how that is influenced by short term memory. It also comments on superstitious pigeons and the 'reconditioning' of a superstitious response after extinction; in other words human nature.