Real and hypothetical rewards in probability discounting
نویسندگان
چکیده
منابع مشابه
Real and hypothetical rewards in self-control and social discounting
Laboratory studies of choice and decision making among real monetary rewards typically use smaller real rewards than those common in real life. When laboratory rewards are large, they are almost always hypothetical. In applying laboratory results meaningfully to real-life situations, it is important to know the extent to which choices among hypothetical rewards correspond to choices among real ...
متن کاملComparison of potentially real versus hypothetical food outcomes in delay and probability discounting tasks.
Much of the research on human delay and probability discounting involves the use of hypothetical outcomes, in which participants indicate preferences for outcomes but do not receive them. Research generally shows that hypothetical and potentially real outcomes are discounted at similar rates. One study, however, shows that potentially real cigarettes are discounted more steeply than hypothetica...
متن کاملTime discounting for primary rewards.
Previous research, involving monetary rewards, found that limbic reward-related areas show greater activity when an intertemporal choice includes an immediate reward than when the options include only delayed rewards. In contrast, the lateral prefrontal and parietal cortex (areas commonly associated with deliberative cognitive processes, including future planning) respond to intertemporal choic...
متن کاملTime discounting for primary and monetary rewards
There is considerable evidence indicating individuals are highly impatient. In particular, they exhibit higher discount rates in the short run than in the long run (Frederick et al., 2002). This result has significant implications for how we model intertemporal decisionmaking (Strotz, 1955–56). In most of the experiments, short-term discount rates are measured using monetary rewards delivered a...
متن کاملDiscounting of monetary and directly consumable rewards.
We compared temporal and probability discounting of a nonconsumable reward (money) and three directly consumable rewards (candy, soda, and beer). When rewards were delayed, monetary rewards were discounted less steeply than directly consumable rewards, all three of which were discounted at equivalent rates. When rewards were probabilistic, however, there was no difference between the discountin...
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ژورنال
عنوان ژورنال: The Japanese journal of psychology
سال: 2007
ISSN: 1884-1082,0021-5236
DOI: 10.4992/jjpsy.78.269