Intertemporal Choice
نویسنده
چکیده
منابع مشابه
Theoretical frameworks for neuroeconomics of intertemporal choice
Intertemporal choice has drawn attention in behavioral economics, econophysics, and neuroeconomics. Recent studies in mainstream economics have mainly focused on inconsistency in intertemporal choice (dynamic inconsistency); while impulsivity/impatience in intertemporal choice has been extensively studied in behavioral economics of addiction. However, recent advances in neuroeconomic and econop...
متن کاملDecision and Reward in Intertemporal Choice: The Roles of Brain Development, Inter-individual Differences and Pharmacological Influences
................................................................................................................................. 1 1 General Introduction .............................................................................................................. 5 1.1 Decision making and rewards in relation to intertemporal choice and health-related behaviour ...................................
متن کاملRunning head: HEURISTICS EXPLAIN INTERTEMPORAL CHOICE 1 Money Earlier or Later? Simple Heuristics Explain Intertemporal Choices Better than Delay Discounting1
Heuristic models have been proposed for many domains of choice. We compare heuristic models of intertemporal choice, which can account for many of the known intertemporal choice anomalies, to discounting models. We conduct an out-of-sample, cross-validated comparison of intertemporal choice models. Heuristic models outperform traditional utility discounting models, including models of exponenti...
متن کاملNo Effects of Psychosocial Stress on Intertemporal Choice
Intertemporal choices - involving decisions which trade off instant and delayed outcomes - are often made under stress. It remains unknown, however, whether and how stress affects intertemporal choice. We subjected 142 healthy male subjects to a laboratory stress or control protocol, and asked them to make a series of intertemporal choices either directly after stress, or 20 minutes later (resu...
متن کاملMonkeys Are More Patient in a Foraging Task than in a Standard Intertemporal Choice Task
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 time preference, we hypothesize that discounting tasks provide a poor measure of animals' true time preferences. One prediction of this hypoth...
متن کاملIs a bird in the hand worth two in the future? Intertemporal choice, attachment and theory of mind in school-aged children
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., the proclivity to devalue the outcome distant in time on the basis of the time delay necessary to obtain it. The goals of this research are to investigate two different c...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
عنوان ژورنال:
دوره شماره
صفحات -
تاریخ انتشار 2013