The effects of real versus hypothetical reward on delay and probability discounting

Quarterly Journal of Experimental Psychology

Volumn 63, Issue 6, 2010, Pages 1072-1084

  Hinvest, Neal S ^a   Anderson, Ian M ^b  

^a University of Bath   (United Kingdom)

^b UNIVERSITY OF MANCHESTER   (United Kingdom)

Author keywords

Delay discounting; Impulsivity; Money; Probability discounting; Real reward

Indexed keywords

ADULT; ARTICLE; DECISION MAKING; FEMALE; HUMAN; IMPULSIVENESS; MALE; MENTAL DISEASE; PROBABILITY; PSYCHOLOGICAL ASPECT; REWARD; TIME;

ADULT; DECISION MAKING; FEMALE; HUMANS; IMPULSIVE BEHAVIOR; MALE; MENTAL DISORDERS; PROBABILITY; REWARD; TIME FACTORS; YOUNG ADULT;

EID: 77952833714     PISSN: 17470218     EISSN: 17470226     Source Type: Journal    
DOI: 10.1080/17470210903276350     Document Type: Article

References (38)

1. Allen, T. J., Moeller, G., Rhoades, H. M., & Cherek, D. R. (1998). Impulsivity and history of drug dependence. Drug and Alcohol Dependence, 50, 137-145.
2. American Psychiatric Association (2000). Diagnostic and statistical manual of mental disorders, text rev (4th ed.). Washington, DC: Author.
3. Bickel, W. K., Odum, A. L., & Madden, G. J. (1999). Impulsivity and cigarette smoking: Delay discounting in current, never, and ex-smokers discounting rates. Psychopharmacology, 146, 447-454.
4. Chapman, G. B., Brewer, N. T., Coups, E. J., Brownlee, S., Leventhal, H., & Leventhal, E. A. (2001). Value for the future and preventive health behavior. Journal of Experimental Psychology: Applied, 7, 235-250.
5. Cherek, D. R., & Lane, S. D. (1999). Laboratory and psychometric measurements of impulsivity among violent and nonviolent female parolees. Biological Psychiatry, 46, 273-280.
6. Dawe, S., & Loxton, N. J. (2004). The role of impulsivity in the development of substance use and eating disorders. Neuroscience and Biobehavioral Reviews, 28, 343-351.
7. Elliott, R., & Deakin, J. F. W. (2005). Role of the orbitofrontal cortex in reinforcement processing and inhibitory control: Evidence from functional magnetic resonance imaging studies in healthy human subjects. International Journal of Neurobiology, 65, 89-116.
8. Elliott, R., Newman, J. L., Longe, O. A., & Deakin, J. F. W. (2003). Differential response patterns in the striatum and orbitofrontal cortex to financial reward in humans: A parametric functional magnetic resonance imaging study. The Journal of Neuroscience, 23, 303-307.
9. Enticott, P. G., Ogloff, J. R. P., & Bradshaw, J. L. (2006). Associations between laboratory measures impulsivity. Personality and Individual Differences, 41, 285-294.
10. Evenden, J. L. (1999). Varieties of impulsivity. Psychopharmacology, 146, 348-361.
11. Green, L., & Myerson, J. (2004). A discounting framework for choice with delayed and probabilistic rewards. Psychological Bulletin, 130, 769-792.
12. Green, L., Myerson, J., Holt, D. D., Slevin, J. R., & Estle, S. J. (2004). Discounting of delayed food rewards in pigeons and rats: Is there a magnitude effect? Journal of the Experimental Analysis of Behavior, 81, 39-50.
13. Herrnstein, R. J. (1970). On the law of effect. Journal of the Experimental Analysis of Behavior, 13, 243-266.
14. Ho, M.-Y., Mobini, S., Chiang, T.-J., Bradshaw, C. M., & Szabadi, E. (1999). Theory and method in the quantitative analysis of "impulsive choice" behaviour: Implications for psychopharmacology. Psychopharmacology, 146, 362-372.
15. Hyten, C., Madden, G.J.,& Field, D.P.(1994).Exchange delays and impulsive choice in adult humans. Journal of the Experimental Analysis of Behavior, 62, 225-233.
16. Johnson, M. W., & Bickel, W. K. (2002). Withinsubject comparison of real and hypothetical money rewards in delay discounting. Journal of the Experimental Analysis of Behavior, 77, 129-146.
17. Kheramin, S.,Body, S., Ho, M. -Y., Velasquez-Martinez, D. N., Bradshaw, C. M., Szabadi, E., et al. (2003). Role of the orbitofrontal cortex in choice between delayed and uncertain reinforcers: A quantitative analysis. Behavioural Processes, 64, 239-250.
18. Kheramin, S.,Body, S.,Ho, M. -Y., Velasquez-Martinez, D. N., Bradshaw, C. M., Szabadi, E., et al. (2004). Effectsoforbitalprefrontalcortexdopaminedepletion on inter-temporal choice: A quantitative analysis. Psychopharmacology, 175, 206-214.
19. King, G. R., & Logue, A. W. (1990). Humans' sensitivity to variation in reinforcer amount: Effects of the method of reinforcer delivery. Journal of the Experimental Analysis of Behavior, 53, 33-45.
20. Kringelbach, M. L., O'Doherty, J., Rolls, E. T., & Andrews, C. (2003). Activation of the human orbitofrontal cortex to a liquid food stimulus is correlated with its subjective pleasantness. Cerebral Cortex, 13, 1064-1071.
21. Lagorio, C. H., & Madden, G. J. (2005). Delay discounting of real and hypothetical rewards III: Steady-state assessments, forced-choice trials, and all-real rewards. Behavioural Processes, 69, 173-187.
22. Lane, S. D., Cherek, D. R., Pietras, C. J., & Tcheremissine, C. V. (2003). Measurement of delay discounting using trial-by-trial consequences. Behavioural Processes, 64, 287-303.
23. Madden, G. J., Begotka, A. M., Raiff, B. R., & Kastern, L. L. (2003). Delay discounting of real and hypothetical rewards. Experimental and Clinical Psychopharmacology, 11, 139-145.
24. Madden, G. J., Petry, N. M., Badger, G. J., & Bickel, W. K. (1997). Impulsive and self-control choices in opioid-dependent patients and non-drug-using control participants: Drug and monetary rewards. Experimental and Clinical Psychopharmacology, 5, 256-262.
25. Madden, G. J., Raiff, B. R., Lagorio, C. H., Begotka, A. M., Mueller, A. M., Hehli, D. J., et al. (2004). Delay discounting of potentially real and hypothetical rewards: II. Between-and within-subjects comparisons. Experimental and Clinical Psychopharmacology, 12,251-261.
26. 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: Vol. V. The effect of delay and intervening events. Hillsdale, NJ: Lawrence Erlbaum Associates.
27. Mobini, S., Chiang, T.-J., Al-Ruwaitea, A. S. A., Ho, M.-Y., Bradshaw, C. M., & Szabadi, E. (2000a). Effects of central 5-hydroxytryptamine depletion on inter-temporal choice: A quantitative analysis. Psychopharmacology, 149, 313-318.
28. Mobini, S., Chiang, T.-J., Ho, M.-Y., Bradshaw, C. M., & Szabadi, E. (2000b). Effects of central 5-hydroxytryptamine depletion on sensitivity to delayed and probabilistic reinforcement. Psychopharmacology, 152, 390-397.
29. Myerson, J., Green, L., & Warusawitharana, M. (2001). Area under the curve as a measure of discounting. Journal of the Experimental Analysis of Behaviour, 76,235-243.
30. Navarick, D.J.(2004).Discountingofdelayedreinforcers: Measurement by questionnaires versus operant choice procedures. The Psychological Record, 54, 85-94.
31. Rachlin, H., Raineri, A., & Cross, D. (1991). Subjective probability and delay. Journal of the Experimental Analysis of Behavior, 55, 233-244.
32. Rachlin, H., & Siegel, E. (1994). Temporal patterning in probabilistic choice. Organizational Behaviour and Human Decision Processes, 59, 161-176.
33. Reynolds, B. (2006). A review of delay-discounting research with humans: Relations to drug use and gambling. Behavioural Pharmacology, 17, 651-667.
34. Reynolds, B., Richards, J. B., & De Wit, H. (2006). Acute-alcohol effects on the Experiential Discounting Task (EDT) and a question-based measure of delay discounting. Pharmacology, Biochemistry and Behavior, 83, 194-202.
35. Sheehan, D. V., Lecrubier, Y., Harnett-Sheehan, K., Amorim, P., Janavs, J., Weiller, E., et al. (1998). The Mini International Neuropsychiatric Interview (M.I.N.I): The development and validation of a structured diagnostic psychiatric interview. Journal of Clinical Psychiatry, 59, 22-33.
36. Sheehan, D. V., Lecrubier, Y., Harnett-Sheehan, K., Janavs, J., Weiller, E., Bonara, L. I., et al. (1997). Reliability and validity of the MINI International Neuropsychiatric Interview (M.I.N.I.): According to the SCID-P. European Psychiatry, 12, 232-241.
37. Tremblay, L., & Schultz, W. (1999). Relative reward preference in primate orbitofrontal cortex. Nature, 398,704-708.
38. Zeki, S. (2009). Laboratory of Neurobiology. Retrieved October 5, 2009, from http://www.vislab.ucl.ac.uk/ cogent.php