메뉴 건너뛰기




Volumn 41, Issue 1, 2015, Pages 148-162

Discounting of monetary rewards that are both delayed and probabilistic: Delay and probability combine multiplicatively, not additively

Author keywords

Delay discounting; Hyperboloid function; Intertemporal; Probability discounting; Risk

Indexed keywords

AREA UNDER THE CURVE; DELAY DISCOUNTING; FEMALE; HUMAN; MALE; PROBABILITY; PSYCHOLOGIC TEST; PSYCHOLOGICAL MODEL; REWARD; TIME FACTOR; YOUNG ADULT;

EID: 84924749699     PISSN: 02787393     EISSN: None     Source Type: Journal    
DOI: 10.1037/xlm0000029     Document Type: Article
Times cited : (69)

References (39)
  • 1
    • 79956137206 scopus 로고    scopus 로고
    • Risk preferences at different time periods: An experimental investigation
    • Abdellaoui, M., Diecidue, E., & Onculer, A. (2011). Risk preferences at different time periods: An experimental investigation. Management Science, 57, 975-987. doi:10.1287/mnsc.1110.1324
    • (2011) Management Science , vol.57 , pp. 975-987
    • Abdellaoui, M.1    Diecidue, E.2    Onculer, A.3
  • 2
    • 0031152666 scopus 로고    scopus 로고
    • Empirical study on intertemporal decision making under risk
    • Ahlbrecht, M., & Weber, M. (1997). Empirical study on intertemporal decision making under risk. Management Science, 43, 813-826. doi: 10.1287/mnsc.43.6.813
    • (1997) Management Science , vol.43 , pp. 813-826
    • Ahlbrecht, M.1    Weber, M.2
  • 3
    • 74849092934 scopus 로고    scopus 로고
    • Common ratio using delay
    • Baucells, M., & Heukamp, F. H. (2010). Common ratio using delay. Theory and Decision, 68, 149-158. doi:10.1007/s11238-008-9130-2
    • (2010) Theory and Decision , vol.68 , pp. 149-158
    • Baucells, M.1    Heukamp, F.H.2
  • 4
    • 84875367240 scopus 로고    scopus 로고
    • The future is risky: Discounting of delayed and uncertain outcomes
    • Blackburn, M., & El-Deredy, W. (2013). The future is risky: Discounting of delayed and uncertain outcomes. Behavioural Processes, 94, 9-18. doi:10.1016/j.beproc.2012.11.005
    • (2013) Behavioural Processes , vol.94 , pp. 9-18
    • Blackburn, M.1    El-Deredy, W.2
  • 5
    • 0036434583 scopus 로고    scopus 로고
    • Cross-cultural comparisons of discounting delayed and probabilistic rewards
    • Du, W., Green, L., & Myerson, J. (2002). Cross-cultural comparisons of discounting delayed and probabilistic rewards. The Psychological Record, 52, 479-492.
    • (2002) The Psychological Record , vol.52 , pp. 479-492
    • Du, W.1    Green, L.2    Myerson, J.3
  • 6
    • 33749622777 scopus 로고    scopus 로고
    • Differential effects of amount on temporal and probability discounting of gains and losses
    • Estle, S. J., Green, L., Myerson, J., & Holt, D. D. (2006). Differential effects of amount on temporal and probability discounting of gains and losses. Memory & Cognition, 34, 914-928. doi:10.3758/BF03193437
    • (2006) Memory & Cognition , vol.34 , pp. 914-928
    • Estle, S.J.1    Green, L.2    Myerson, J.3    Holt, D.D.4
  • 7
    • 0033071923 scopus 로고    scopus 로고
    • On the shape of the probability weighting function
    • Gonzalez, R., & Wu, G. (1999). On the shape of the probability weighting function. Cognitive Psychology, 38, 129-166. doi:10.1006/cogp.1998.0710
    • (1999) Cognitive Psychology , vol.38 , pp. 129-166
    • Gonzalez, R.1    Wu, G.2
  • 8
    • 4544335609 scopus 로고    scopus 로고
    • A discounting framework for choice with delayed and probabilistic rewards
    • Green, L., & Myerson, J. (2004). A discounting framework for choice with delayed and probabilistic rewards. Psychological Bulletin, 130, 769-792. doi:10.1037/0033-2909.130.5.769
    • (2004) Psychological Bulletin , vol.130 , pp. 769-792
    • Green, L.1    Myerson, J.2
  • 9
    • 77951975237 scopus 로고    scopus 로고
    • Experimental and correlational analyses of delay and probability discounting
    • G. J. Madden & W. K. Bickel (Eds.)
    • Green, L., & Myerson, J. (2010). Experimental and correlational analyses of delay and probability discounting. In G. J. Madden & W. K. Bickel (Eds.), Impulsivity: The behavioral and neurological science of discounting (pp. 67-92). doi:10.1037/12069-003
    • (2010) Impulsivity: The behavioral and neurological science of discounting , pp. 67-92
    • Green, L.1    Myerson, J.2
  • 10
    • 0030808487 scopus 로고    scopus 로고
    • Rate of temporal discounting decreases with amount of reward
    • Green, L., Myerson, J., & McFadden, E. (1997). Rate of temporal discounting decreases with amount of reward. Memory & Cognition, 25, 715-723. doi:10.3758/BF03211314
    • (1997) Memory & Cognition , vol.25 , pp. 715-723
    • Green, L.1    Myerson, J.2    McFadden, E.3
  • 14
    • 0032693651 scopus 로고    scopus 로고
    • Theory and method in the quantitative analysis of "impulsive choice" behaviour: Implications for psychopharmacology
    • 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. doi:10.1007/PL00005482
    • (1999) Psychopharmacology , vol.146 , pp. 362-372
    • Ho, M.Y.1    Mobini, S.2    Chiang, T.J.3    Bradshaw, C.M.4    Szabadi, E.5
  • 15
    • 84861992138 scopus 로고    scopus 로고
    • Estimating the subjective value of future rewards: Comparison of adjusting-amount and adjustingdelay procedures
    • Holt, D. D., Green, L., & Myerson, J. (2012). Estimating the subjective value of future rewards: Comparison of adjusting-amount and adjustingdelay procedures. Behavioural Processes, 90, 302-310. doi:10.1016/j.beproc.2012.03.003
    • (2012) Behavioural Processes , vol.90 , pp. 302-310
    • Holt, D.D.1    Green, L.2    Myerson, J.3
  • 16
    • 0000125532 scopus 로고
    • Prospect theory: An analysis of decision under risk
    • Kahneman, D., & Tversky, A. (1979). Prospect theory: An analysis of decision under risk. Econometrica, 47, 263-291. doi:10.2307/1914185
    • (1979) Econometrica , vol.47 , pp. 263-291
    • Kahneman, D.1    Tversky, A.2
  • 18
    • 67651055354 scopus 로고    scopus 로고
    • An additive-utility model of delay discounting
    • Killeen, P. R. (2009). An additive-utility model of delay discounting. Psychological Review, 116, 602-619. doi:10.1037/a0016414
    • (2009) Psychological Review , vol.116 , pp. 602-619
    • Killeen, P.R.1
  • 20
    • 0003114728 scopus 로고
    • An adjusting procedure for studying delayed reinforcement
    • M. L. Commons, J. E. Mazur, J. A. Nevin, & H. Rachlin (Eds.), Hillsdale, NJ: Erlbaum.
    • 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. 5. The effect of delay and of intervening events on reinforcement value (pp. 55-73). Hillsdale, NJ: Erlbaum.
    • (1987) Quantitative analyses of behavior The effect of delay and of intervening events on reinforcement value , vol.5 , pp. 55-73
    • Mazur, J.E.1
  • 24
    • 33749681335 scopus 로고    scopus 로고
    • Risk tolerance in the present and the future: An experimental study
    • Noussair, C., & Wu, P. (2006). Risk tolerance in the present and the future: An experimental study. Managerial and Decision Economics, 27, 401-412. doi:10.1002/mde.1278
    • (2006) Managerial and Decision Economics , vol.27 , pp. 401-412
    • Noussair, C.1    Wu, P.2
  • 27
    • 0001750296 scopus 로고    scopus 로고
    • The probability weighting function
    • Prelec, D. (1998). The probability weighting function. Econometrica, 66, 497-527. doi:10.2307/2998573
    • (1998) Econometrica , vol.66 , pp. 497-527
    • Prelec, D.1
  • 28
    • 0002103854 scopus 로고
    • Cognition and behavior in studies of choice
    • Rachlin, H., Logue, A. W., Gibbon, J., & Frankel, M. (1986). Cognition and behavior in studies of choice. Psychological Review, 93, 33-45. doi:10.1037/0033-295X.93.1.33
    • (1986) Psychological Review , vol.93 , pp. 33-45
    • Rachlin, H.1    Logue, A.W.2    Gibbon, J.3    Frankel, M.4
  • 30
    • 7044226352 scopus 로고    scopus 로고
    • Measuring state changes in human delay discounting: An experiential discounting task
    • Reynolds, B., & Schiffbauer, R. (2004). Measuring state changes in human delay discounting: An experiential discounting task. Behavioural Processes, 67, 343-356. doi:10.1016/j.beproc.2004.06.003
    • (2004) Behavioural Processes , vol.67 , pp. 343-356
    • Reynolds, B.1    Schiffbauer, R.2
  • 31
    • 34247096435 scopus 로고    scopus 로고
    • Functional parameters of delay discounting assessment tasks: Order of presentation
    • Robles, E., & Vargas, P. A. (2007). Functional parameters of delay discounting assessment tasks: Order of presentation. Behavioural Processes, 75, 237-241. doi:10.1016/j.beproc.2007.02.014
    • (2007) Behavioural Processes , vol.75 , pp. 237-241
    • Robles, E.1    Vargas, P.A.2
  • 32
    • 42249113671 scopus 로고    scopus 로고
    • Parameters of delay discounting assessment: Number of trials, effort, and sequential effects
    • Robles, E., & Vargas, P. A. (2008). Parameters of delay discounting assessment: Number of trials, effort, and sequential effects. Behavioural Processes, 78, 285-290. doi:10.1016/j.beproc.2007.10.012
    • (2008) Behavioural Processes , vol.78 , pp. 285-290
    • Robles, E.1    Vargas, P.A.2
  • 33
    • 64949092738 scopus 로고    scopus 로고
    • Within-subject differences in degree of delay discounting as a function of order of presentation of hypothetical cash rewards
    • Robles, E., Vargas, P. A., & Bejarano, R. (2009). Within-subject differences in degree of delay discounting as a function of order of presentation of hypothetical cash rewards. Behavioural Processes, 81, 260-263. doi:10.1016/j.beproc.2009.02.018
    • (2009) Behavioural Processes , vol.81 , pp. 260-263
    • Robles, E.1    Vargas, P.A.2    Bejarano, R.3
  • 34
    • 78650515690 scopus 로고    scopus 로고
    • Within-subject comparison of degree of delay discounting using titrating and fixed sequence procedures
    • Rodzon, K., Berry, M. S., & Odum, A. L. (2011). Within-subject comparison of degree of delay discounting using titrating and fixed sequence procedures. Behavioural Processes, 86, 164-167. doi:10.1016/j.beproc.2010.09.007
    • (2011) Behavioural Processes , vol.86 , pp. 164-167
    • Rodzon, K.1    Berry, M.S.2    Odum, A.L.3
  • 36
    • 38249008139 scopus 로고
    • The impact of temporal context and risk on the judged value of future outcomes
    • Stevenson, M. K. (1992). The impact of temporal context and risk on the judged value of future outcomes. Organizational Behavior and Human Decision Processes, 52, 455-491. doi:10.1016/0749-5978(92)90029-7
    • (1992) Organizational Behavior and Human Decision Processes , vol.52 , pp. 455-491
    • Stevenson, M.K.1
  • 37
    • 31744450082 scopus 로고
    • Advances in prospect theory: Cumulative representation of uncertainty
    • Tversky, A., & Kahneman, D. (1992). Advances in prospect theory: Cumulative representation of uncertainty. Journal of Risk and Uncertainty, 5, 297-323. doi:10.1007/BF00122574
    • (1992) Journal of Risk and Uncertainty , vol.5 , pp. 297-323
    • Tversky, A.1    Kahneman, D.2
  • 38
    • 15044346696 scopus 로고    scopus 로고
    • The combined effects of risk and time on choice: Does uncertainty eliminate the immediacy effect? Does delay eliminate the certainty effect?
    • Weber, B. J., & Chapman, G. B. (2005). The combined effects of risk and time on choice: Does uncertainty eliminate the immediacy effect? Does delay eliminate the certainty effect? Organizational Behavior and Human Decision Processes, 96, 104-118. doi:10.1016/j.obhdp.2005.01.001
    • (2005) Organizational Behavior and Human Decision Processes , vol.96 , pp. 104-118
    • Weber, B.J.1    Chapman, G.B.2
  • 39
    • 33747336287 scopus 로고    scopus 로고
    • The combined effects of delay and probability in discounting
    • Yi, R., de la Piedad, X., & Bickel, W. K. (2006). The combined effects of delay and probability in discounting. Behavioural Processes, 73, 149-155. doi:10.1016/j.beproc.2006.05.001
    • (2006) Behavioural Processes , vol.73 , pp. 149-155
    • Yi, R.1    de la Piedad, X.2    Bickel, W.K.3


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.