Cross-cultural comparisons of discounting delayed and probabilistic rewards

Psychological Record

Volumn 52, Issue 4, 2002, Pages 479-492

  Du, Wanjiang ^a   Green, Leonard ^a   Myerson, Joel ^a  

^a WASHINGTON UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0036434583     PISSN: 00332933     EISSN: None     Source Type: Journal    
DOI: 10.1007/BF03395199     Document Type: Article

References (37)

1. Ainslie, G. (1992). Picoeconomics: The strategic interaction of successive motivational states within the person. Cambridge, England: Cambridge University Press.
2. Gell, A. (1992). The anthropology of time: Cultural constructions of temporal maps and images. Berg: Oxford, UK.
3. Green, L., Fry, A.F., & Myerson, J. (1994). Discounting of delayed rewards: A life-span comparison. Psychological Science, 5, 33-36.
4. Green, L., & Myerson, J. (1993). Alternative frameworks for the analysis of self control. Behavior and Philosophy, 21, 37-47.
5. Green, L., Myerson, J., & McFadden, E. (1997). Rate of temporal discounting decreases with amount of reward. Memory & Cognition, 25, 715-723.
6. Green, L., Myerson, J., & Ostaszewski, P. (1999a). Amount of reward has opposite effects on the discounting of delayed and probabilistic outcomes. Journal of Experimental Psychology: Learning, Memory, and Cognition, 25, 418-427.
7. Green, L., Myerson, J., & Ostaszewski, P. (1999b). Discounting of delayed rewards across the life span: Age differences in individual discounting functions. Behavioural Processes, 46, 89-96.
8. Helfrich, H. (Ed.). (1996). Time and mind. Seattle, WA: Hogrefe & Huber.
9. Heyman, G.M. (1996). Resolving the contradictions of addiction. Behavioral and Brain Sciences, 19, 561-574.
10. Hofstede, G. (1980). Culture's consequences: International differences in work-related values. Beverly Hills, CA: Sage.
11. Hsee, C.K., & Weber, E.U. (1999). Cross-national differences in risk preference and lay predictions. Journal of Behavioral Decision Making, 12, 165-179.
12. Kirby, K.N. (1997). Bidding on the future: Evidence against normative discounting of delayed rewards. Journal of Experimental Psychology: General, 126, 54-70.
13. Kirby, K.N., & Marakovic, N.N. (1995). Modeling myopic decisions: Evidence for hyperbolic delay-discounting within subjects and amounts. Organization Behavior and Human Decision Processes, 64, 22-30.
14. Kirby, K.N., & Marakovic, N.N. (1996). Delay-discounting probabilistic rewards: Rates decrease as amounts increase. Psychonomic Bulletin & Review, 3, 100-104.
15. Loewenstein, G., & Elster, J. (Eds.). (1992). Choice over time. New York: Russell Sage.
16. Loewenstein, G., & Prelec, D. (1992). Anomalies in intertemporal choice: Evidence and interpretation. Quarterly Journal of Economics, 107, 573-597.
17. Markus, H.R., & Kitayama, S. (1991). Culture and self: Implications for cognition, emotion, and motivation. Psychological Review, 98, 224-253.
18. Myerson, J., & Green, L. (1995). Discounting of delayed rewards: Models of individual choice. Journal of the Experimental Analysis of Behavior, 64, 263-276.
19. Myerson, J., Green, L., & Warusawitharana, M. (2001). Area-under-the-curve as a measure of discounting. Journal of the Experimental Analysis of Behavior, 76, 235-243.
20. Orpen, C. (1983). Risk-taking attitudes among Indian, United States, and Japanese managers. Journal of Social Psychology, 120, 283-284.
21. Ostaszewski, P., Green, L., & Myerson, J. (1998). Effects of inflation on the subjective value of delayed and probabilistic rewards. Psychonomic Bulletin & Review, 5, 324-333.
22. Prelec, D., & Loewenstein, G. (1991). Decision making over time and under uncertainty: A common approach. Management Science, 37, 770-786.
23. Rachlin, H. (1990). Why do people gamble and keep gambling despite repeated losses? Psychological Science, 1, 294-297.
24. Rachlin, H. (1995). Self-control: Beyond commitment. Behavioral and Brain Sciences, 18, 109-121.
25. Rachlin, H., Logue, A.W., Gibbon, J., & Frankel, M. (1986). Cognition and behavior in studies of choice. Psychological Review, 93, 33-55.
26. Rachlin, H., Raineri, A., & Cross, D. (1991). Subjective probability and delay. Journal of the Experimental Analysis of Behavior, 55, 233-244.
27. Raineri, A., & Rachlin, H. (1993). The effect of temporal constraints on the value of money and other commodities. Journal of Behavioral Decision Making, 6, 77-94.
28. Rodriguez, M.L., & Logue, A.W. (1988). Adjusting delay to reinforcement: Comparing choice in pigeons and humans. Journal of Experimental Psychology: Animal Behavior Processes, 14, 105-117.
29. Segall, M.H., Lonner, W.J., & Berry, J.W. (1998). Cross-cultural psychology as a scholarly discipline: On the flowering of culture in behavioral research. American Psychologist, 53, 1101-1110.
30. Sidman, M. (1952). A note on functional relations obtained from group data. Psychological Bulletin, 49, 263-269.
31. Simpson, C.A., & Vuchinich, R.E. (2000). Reliability of a measure of temporal discounting. The Psychological Record, 50, 3-16.
32. Sinha, T. (1996). Pecuniary aspect of risk taking: Are Singaporeans more risk averse than Americans? In W.H. Loke (Ed.), Perspectives on judgment and decision making (pp. 139-143). Lanham, MD: Scarecrow.
33. Stevens, S.S. (1957). On the psychophysical law. Psychological Review, 64, 153-181.
34. Takano, Y., & Osaka, E. (1999). An unsupported common view: Comparing Japan and the U.S. on individualism/collectivism. Asian Journal of Social Psychology, 2, 311-341.
35. Tan, C.T., & Johnson, R.D. (1996). To wait or not to wait: The influence of culture on discounting behavior. In W.H. Loke (Ed.), Perspectives on judgment and decision making (pp. 97-106). Lanham, MD: Scarecrow.
36. Weber, E.U., & Hsee, C. (1998). Cross-cultural differences in risk perception, but cross-cultural similarities in attitudes toward perceived risk. Management Science, 44, 1205-1217.
37. Weber, E.U., & Hsee, C.K. (2000). Culture and individual judgment and decision making. Applied Psychology: An International Review, 49, 32-61.