Results 31 to 40 of about 1,624,571 (182)
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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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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A Dynamic Tradeoff Model of Intertemporal Choice. [PDF]
The delay discounting perspective, which assumes an alternative-wise processing of attribute information, has long dominated research on intertemporal choice. Recent studies, however, have suggested that intertemporal choice is based on attribute-wise comparison.
Dai, Junyi +2 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 +5 more sources
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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We face a myriad of choices 24/7. The first might arise early in the morning: Should I hit the snooze button for a few extra minutes of sleep, or get up on time to set out for a productive day working on a book chapter? Later, I might have to decide whether to spend my money on that new fancy gadget or put it into my savings plan, and in the evening, I
Ben Wagner, Kilian Knauth, Jan Peters
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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 choice as discounted value accumulation. [PDF]
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
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Intertemporal choice refers to decisions involving tradeoffs between costs and benefits occurring at different times. Studies have found that weighting the time and benefits during decision-making involves a complex neural network that includes the ...
Guanxing Xiong +11 more
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The influence of COVID-19 on intertemporal choices in the health and economy domains
Background: With the spread of COVID-19, concerns regarding its adverse effects have arisen. Based on affect regulation theory and construal level theory, this study explored how COVID-19 affects intertemporal choice in the health and economy domains ...
Dawei Wang +6 more
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