Search results
3 lip 2019 · The extent to which individuals discount the value of delayed rewards turns out to be associated with important health and disorder-related outcomes: the more discounting, the more unhealthy or problematic choices.
15 kwi 2021 · This introduces a trade-off in people's preferences between reward magnitude and the delay until the reward is received. One way to express this trade-off is a utility (or subjective value) function, a function that maps reward magnitude and delay onto units of utility.
Impulsivity, Delay Discounting: State Versus Trait. Impulsivity has long been conceptualized as an aspect of personality (Patton, Stanford, & Barratt, 1995), as a conflict between parts of personality such as between the id and ego, or as a seeking to fulfill subconscious psychological needs.
6 kwi 2023 · In order to analyze the homogeneity of individual time preferences, we compare the characteristics of the global psychological discount functions with those depicted in each trade-off media (money, free time, and tokens). We have estimated the term structure of the psychological discount rate for each trade-off media.
Time preferences are captured mathematically in the discount function. The higher the time preference, the higher the discount placed on returns receivable or costs payable in the future. One of the factors that may determine an individual's time preference is how long that individual has lived.
14 maj 2021 · When faced with intertemporal choices, people typically devalue rewards available in the future compared to rewards more immediately available, a phenomenon known as temporal discounting. Decisions involving intertemporal choices arise daily, with critical impact on health and financial wellbeing.
1 sty 2018 · Practitioners increasingly employ relational price discounts by granting initial discounts to new customers with the goal of building sustainable relationships. However, extant research has provided mixed findings on the long-term effects of initial discounts on customer retention.
