Results 11 to 20 of about 25,835 (262)
Exponential discounting bias [PDF]
Journal of Economics, 2013 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Gomes, Orlando +2 more
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New designs for research in delay discounting [PDF]
Judgment and Decision Making, 2011 The two most influential models in delay discounting research have been the exponential (E) and hyperbolic (H) models. We develop a new methodology to design binary choice questions such that exponential and hyperbolic discount rates can be purposefully ...
John R. Doyle +4 more
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Reinforcement Learning with Non-Exponential Discounting [PDF]
, 2022 Commonly in reinforcement learning (RL), rewards are discounted over time using an exponential function to model time preference, thereby bounding the expected long-term reward. In contrast, in economics and psychology, it has been shown that humans often adopt a hyperbolic discounting scheme, which is optimal when a specific task termination time ...
Schultheis, Matthias +2 more
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Temporal-difference reinforcement learning with distributed representations. [PDF]
PLoS ONE, 2009 Temporal-difference (TD) algorithms have been proposed as models of reinforcement learning (RL). We examine two issues of distributed representation in these TD algorithms: distributed representations of belief and distributed discounting factors ...
Zeb Kurth-Nelson, A David Redish
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Observational Implications of Non-Exponential Discounting [PDF]
Revue économique, 2020 Dans cette note, nous donnons un exemple élémentaire avec une fonction d’utilité concave où la règle d’épargne essentiellement unique et consistante est discontinue ; une telle règle d’épargne ne peut pas survenir avec une fonction d’escompte exponentielle.
Morris, Stephen, Postlewaite, Andrew
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Exponential discounting in security games of timing [PDF]
Journal of Cybersecurity, 2021 Abstract Strategic game models of defense against stealthy, targeted attacks that cannot be prevented but only mitigated are the subject of a significant body of recent research, often in the context of advanced persistent threats (APTs). In these game models, the timing of attack and defense moves plays a central role.
Jonathan Merlevede +3 more
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Physical and cognitive effort discounting across different reward magnitudes: Tests of discounting models. [PDF]
PLoS ONE, 2017 The effort required to obtain a rewarding outcome is an important factor in decision-making. Describing the reward devaluation by increasing effort intensity is substantial to understanding human preferences, because every action and choice that we make ...
Wojciech Białaszek +2 more
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Formal comparison of dual-parameter temporal discounting models in controls and pathological gamblers. [PDF]
PLoS ONE, 2012 Temporal or delay discounting refers to the phenomenon that the value of a reward is discounted as a function of time to delivery. A range of models have been proposed that approximate the shape of the discount curve describing the relationship between ...
Jan Peters +2 more
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A Model Guided Approach to Evoke Homogeneous Behavior During Temporal Reward and Loss Discounting
Frontiers in Psychiatry, 2022 BackgroundThe tendency to devaluate future options as a function of time, known as delay discounting, is associated with various factors such as psychiatric illness and personality.
Janine Thome +9 more
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Discount models in intertemporal choice: an empirical analysis [PDF]
European Journal of Management and Business Economics, 2021 Purpose – The main purpose of this paper is to determine the discount function which better fits the individuals' preferences through the empirical analysis of the different functions used in the field of intertemporal choice. Design/methodology/approach
Isabel María Parra Oller +2 more
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