Results 31 to 40 of about 7,285 (279)
Monkeys are more patient in a foraging task than in a standard intertemporal choice task. [PDF]
Studies of animal impulsivity generally find steep subjective devaluation, or discounting, of delayed rewards - often on the order of a 50% reduction in value in a few seconds. Because such steep discounting is highly disfavored in evolutionary models of
Tommy C Blanchard, Benjamin Y Hayden
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A measure of inconsistencies in intertemporal choice. [PDF]
The aim of this paper is to derive an index able to indicate if a discount function exhibits increasing or decreasing impatience, and, even, in the last case, whether the decreasing impatience is moderate or strong. Moreover, it will be shown that the sign of this indicator coincides with the sign of the convexity index of the discount function when ...
Cruz Rambaud S, González Fernández I.
europepmc +5 more sources
The endowment effect in the future: How time shapes buying and selling prices [PDF]
Previous research has focused on studying the endowment effect for transactions that take place in the present. Many real-world transactions, however, are delayed into the future (i.e., people agree to buy or sell, but the actual transaction does not ...
Shohei Yamamoto, Daniel Navarro-Martinez
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Intertemporal choice and the cross-sectional variance of marginal utility [PDF]
The theory of intertemporal choice predicts that the cross-sectional variance of the marginal utility of consumption is equal to its own lag plus a constant and a random component.
Orazio P. Attanasio +7 more
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Towards an incentive salience model of intertemporal choice [PDF]
This theoretical paper presents an incentive salience model of intertemporal choice. The model is a variation of the quasi-hyperbolic discounting model. Based on the distinction between ‘wanting' and ‘liking', the paper presents one possible ...
Lades, Leonhard, Lades, Leonhard K.
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Intertemporal choice is a decision-making dilemma related to outcomes of different entity located at different time points. Economic and psychological literature on this topic showed the phenomen of temporal discounting, i.e.
ANTONELLA eMARCHETTI +3 more
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Intertemporal Discrete Choice [PDF]
The discounted logit is widely used to estimate time preferences using data from field and laboratory experiments. Despite its popularity, it exhibits the "problem of the scale": choice probabilities depend on the scale of the value function. When applied to intertemporal choice, the problem the scale implies that logit probabilities are sensitive to ...
openaire +4 more sources
Choice History Bias in Intertemporal Choice
Human decision making is prone to many biases that either result from properties of the actual decision or from properties of the decision environment.
Stefan Scherbaum, Martin Schoemann
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testosterone and intertemporal choice
This project investigated effects of testosterone administration on choice behavior in the intertemporal choice ...
Yin Wu, Samuele Zilioli, Bo Shen
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Intertemporal Choice and Its Anomalies
This eBook is a collection of articles from a Frontiers Research Topic. Frontiers Research Topics are very popular trademarks of the Frontiers Journals Series: they are collections of at least ten articles, all centered on a particular subject.
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