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The Malleability of Intertemporal Choice [PDF]

open access: yesTrends in Cognitive Sciences, 2016
Intertemporal choices are ubiquitous: people often have to choose between outcomes realized at different times. Although it is generally believed that people have stable tendencies toward being impulsive or patient, an emerging body of evidence indicates that intertemporal choice is malleable and can be profoundly influenced by context.
Karolina M Lempert, Elizabeth A Phelps
exaly   +5 more sources

Intertemporal choice in lemurs [PDF]

open access: yesBehavioural Processes, 2012
Different species vary in their ability to wait for delayed rewards in intertemporal choice tasks. Models of rate maximization account for part of this variation, but other factors such as social structure and feeding ecology seem to underly some species differences.
Stevens, Jeffrey R., Mühlhoff, Nelly
openaire   +5 more sources

New paradoxes in intertemporal choice [PDF]

open access: yesJudgment and Decision Making, 2011
Similar to research on risky choice, the traditional analysis of intertemporal choice takes the view that an individual behaves so as to maximize the discounted sum of all future utilities.
Li-Lin Rao, Shu Li
doaj   +4 more sources

Cultural neuroeconomics of intertemporal choice. [PDF]

open access: yesNeuro endocrinology letters, 2008
According to theories of cultural neuroscience, Westerners and Easterners may have distinct styles of cognition (e.g., different allocation of attention). Previous research has shown that Westerners and Easterners tend to utilize analytical and holistic cognitive styles, respectively.
Takahashi, Taiki   +5 more
openaire   +5 more sources

Intertemporal Choice and Consumption Mobility [PDF]

open access: yesJournal of the European Economic Association, 2006
The theory of intertemporal consumption choice makes sharp predictions about the evolution of the entire distribution of household consumption, not just about its conditional mean. In the paper, we study the empirical transition matrix of consumption using a panel drawn from the Bank of Italy Survey of Household Income and Wealth.
JAPPELLI, TULLIO, PISTAFERRI, L.
openaire   +6 more sources

Automatic biases in intertemporal choice [PDF]

open access: yesPsychonomic Bulletin & Review, 2019
Dual process theories of intertemporal decision making propose that decision makers automatically favor immediate rewards. In this paper, we use a drift diffusion model to implement these theories, and empirically investigate the role of their proposed automatic biases.
Zhao, Wenjia Joyce   +3 more
openaire   +5 more sources

Measuring Impatience in Intertemporal Choice. [PDF]

open access: yesPLoS ONE, 2016
In general terms, decreasing impatience means decreasing discount rates. This property has been usually referred to as hyperbolic discounting, although there are other discount functions which also exhibit decreasing discount rates. This paper focuses on
Salvador Cruz Rambaud   +1 more
doaj   +4 more sources

Intertemporal choice as discounted value accumulation. [PDF]

open access: yesPLoS ONE, 2014
Two separate cognitive processes are involved in choosing between rewards available at different points in time. The first is temporal discounting, which consists of combining information about the size and delay of prospective rewards to represent ...
Christian A Rodriguez   +2 more
doaj   +2 more sources

Time, Self & Intertemporal Choice [PDF]

open access: yesFrontiers in Neuroscience, 2013
Neuroscientific studies of intertemporal choice (IC) have focused mainly on the neural representation of self-control mechanisms and valuation. This reflects what has been considered as the core of the IC phenomenon.
Cintia eRetz Lucci
doaj   +3 more sources

Intangibility in intertemporal choice [PDF]

open access: yesPhilosophical Transactions of the Royal Society B: Biological Sciences, 2008
Since the advent of the discounted utility (DU) model, economists have thought about intertemporal choice in very specific terms. DU assumes that people make explicit trade-offs between costs and benefits occurring at different points in time.
Scott, Rick, George, Loewenstein
openaire   +2 more sources

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