Adaptive intertemporal preferences in foraging-style environments [PDF]
Decision makers often face choices between smaller more immediate rewards and larger more delayed rewards. For example, when foraging for food, animals must choose between actions that have varying costs (e.g., effort, duration, energy expenditure) and ...
Michael T. Bixter, Christian C Luhmann
doaj +5 more sources
The impact of subjective socioeconomic status and threat cues on intertemporal decision-making [PDF]
Intertemporal decision-making is the process by which individuals weigh the trade-offs between rewards and losses at different time points. This study investigates the influence of subjective socioeconomic status on intertemporal decision-making under ...
Zhen Zeng +4 more
doaj +2 more sources
Preference reversal in intertemporal decision making. [PDF]
This study examines asymmetric preference reversals in intertemporal decision-making by comparing gain and loss contexts across choice and bidding tasks. In the gain context, participants preferred smaller, sooner (SS) rewards in choice tasks but assigned higher valuations to larger, later (LL) rewards in bidding tasks. Conversely, in the loss context,
Zhou YB +5 more
europepmc +4 more sources
Time Matters: Time Perspectives Predict Intertemporal Prosocial Preferences
The study utilizes the Chinese version of the Zimbardo Time Perspective Inventory (ZTPI-C) and a novelty intertemporal prosocial discounting paradigm to explore the preferences of individuals with the Present Impulsive Time Perspective (PITP) and the ...
Teng Lu, Dapeng Liang, Mei Hong
doaj +3 more sources
Does sadness bring myopia: an intertemporal choice experiment with college students [PDF]
IntroductionWhile economics often interprets individual intertemporal choice preferences through the rationality assumption of utility maximization, the reality is that as emotional beings, individuals’ preferences for intertemporal behavior are much ...
Peng Lei +3 more
doaj +2 more sources
Intertemporal stability of ambiguity preferences [PDF]
To make predictions with theories, usually we assume an individual's characteristics such as uncertainty preferences to be stable over time. In this paper, we analyze the stability of ambiguity preferences experimentally. We repeatedly elicit ambiguity attitudes towards multiple 3-color Ellsberg urns over a period of two months. In our data, 57% of the
Duersch, Peter +2 more
openaire +6 more sources
Attribute latencies causally shape intertemporal decisions [PDF]
Intertemporal choices – decisions that play out over time – pervade our life. Thus, how people make intertemporal choices is a fundamental question.
Fadong Chen +3 more
doaj +2 more sources
Navigating Time-Inconsistent Behavior: The Influence of Financial Knowledge, Behavior, and Attitude on Hyperbolic Discounting [PDF]
Hyperbolic discounting is a psychological phenomenon in which individuals prioritize smaller immediate rewards over larger future rewards. Time-inconsistent behavior is deemed irrational as it negatively impacts savings and investment, investment in ...
Aliyu Ali Bawalle +4 more
doaj +2 more sources
Asset returns and intertemporal preferences [PDF]
Abstract A representative-agent model with time-varying moments of consumption growth is used to analyze implications about means and volatilities of asset returns as well as the predictability of asset returns for various investment horizons. A comparative-statics analysis using nonexpectedutility preferences indicates that, although risk aversion ...
Kandel, Shmuel, Stambaugh, Robert F
openaire +4 more sources
Visual attention and time preference reversals [PDF]
Time preference reversal refers to systematic inconsistencies between preferences and bids for intertemporal options. From the two eye-tracking studies (N1 = 60, N2 = 110), we examined the underlying mechanisms of time preference reversal.
Yan-Bang Zhou, Qiang Li, Hong-Zhi Liu
doaj +3 more sources

