Real and hypothetical rewards in probability discounting

Japanese Journal of Psychology

Volumn 78, Issue 3, 2007, Pages 269-276

  Jikko, Yuriko ^a   Okouchi, Hiroto ^b  

^a OSAKA UNIVERSITY   (Japan)

^b OSAKA KYOIKU UNIVERSITY   (Japan)

Author keywords

Choice; Humans; Hypothetical rewards; Probability discounting; Real rewards

Indexed keywords

ADULT; ARTICLE; FEMALE; HUMAN; MALE; PROBABILITY; REWARD;

ADULT; FEMALE; HUMANS; MALE; PROBABILITY; REWARD;

EID: 35548964596     PISSN: 00215236     EISSN: None     Source Type: Journal    
DOI: 10.4992/jjpsy.78.269     Document Type: Article

References (14)

1. Ainslie, G. W., & Herrnstein, R.J. (1981). Preference reversal and delayed reinforcement. Animal Learning & Behavior, 9, 476-482.
2. Green, L., & Myerson, J. (1993). Alternative frameworks for the analysis of self control. Behavior and Philosophy, 2, 37-47.
3. Green, L., Myerson, J., & McFadden, E. (1997). Rate of temporal discounting decreases with amount of reward. Memory & Cognition, 25, 715-723.
4. Green, L., Myerson, L., & Ostaszewski, P. (1999). Amount of reward has opposite effects on the discounting of delayed and probabilistic outcomes. Journal of the Experimental Psychology: Learning, Memory, and Cognition, 25, 418-427.
5. Johnson, M. W., & Bickel, W. K. (2002). Within-subject comparison of real and hypothetical money rewards in delay discounting. Journal of the Experimental Analysis of Behavior, 77, 129-146.
6. Kahneman, D., & Tversky, A. (1984). Choices, values, and frames. American Psychologist, 39, 341-350.
7. Lane, D. S., & Cherek, D. R. (2000). Risk aversion in human subjects under conditions of probabilistic reward. The Psychological Record, 50, 221-234.
8. Mazur, J. E. (1987). An adjusting procedure for studying delayed reinforcement. In M. L. Commons, J. E. Mazur, J. A.Nevin, & H.Rachlin (Eds.), Quantitative analyses of behavior: Volume V: The effect of delay and of intervening events on reinforcement value. Hillsdale. NJ: Erlbaum. pp. 55-73.
9. Ostazewski, P., Green, L., & Myerson, J. (1998). Effects of inflation on the subjective value of delayed and probabilistic rewards. Psychonomic Bulletin and Review, 5, 324-333.
10. Rachlin, H., & Green, L. (1972). Commitment, choice and self-control. Journal of the Experimental Analysis of Behavior, 17, 15-22.
11. Rachlin, H., Raineri, A., & Cross, D. (1991). Subjective probability and delay. Journal of the Experimental Analysis of Behavior, 55, 233-244.
12. Richards, J. B., Zhang, L., Mitchell, S. H., & de Wit, H. (1999). Delay or probability discounting in a model of impulsive behavior: Effect of alcohol. Journal of the Experimental Analysis of Behavior, 71, 121-143.
13. Tversky, A., & Kahneman, D. (1991). Loss Aversion in riskless choice: A reference dependent model. Quarterly Journal of Economics, 106, 1039-1061.
14. Vuchinich, R. E., & Simpson, C. A. (1998). Hyperbolic temporal discounting in social drinkers and problem drinkers. Experimental and Clinical Psychopharmacology, 6, 292-305.