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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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Cultural neuroeconomics of intertemporal choice. [PDF]
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
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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 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 ...
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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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Quantifying the contribution of individual variation in timing to delay-discounting
Delay-discounting studies in neuroscience, psychology, and economics have been mostly focused on concepts of self-control, reward evaluation, and discounting.
Evgeniya Lukinova, Jeffrey C. Erlich
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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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The Development of a Theory of Rational Intertemporal Choice
The aim of this article is to describe the evolution of a very dynamic theory: the theory of intertemporal choice. I present the first economic thinking on intertemporal decision-making, and expose how it resulted in Samuelson’s famous discounted utility
Germán Loewe
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The Relationship Between an Alternative Form of Cognitive Reflection Test and Intertemporal Choice [PDF]
The cognitive reflection test (CRT) has been popular because it has demonstrated a good predictive validity of a variety of biases in judgment and decision making.
Jiuqing Cheng, Cassidy Janssen
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