The intertemporal choice behaviour: Classical and alternative delay discounting models and control techniques

Hyperbolic discounting refers to the tendency for people to increasingly choose a smaller-sooner reward over a larger-later reward as the delay occurs sooner rather than later in time. When offered a larger reward in exchange for waiting a set amount of time, people act less impulsively (i.e., choos...

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Bibliographic Details
Main Authors: Aldo G. S. Ventre, Viviana Ventre
Format: Article
Language:English
Published: Accademia Peloritana dei Pericolanti 2012-11-01
Series:Atti della Accademia Peloritana dei Pericolanti : Classe di Scienze Fisiche, Matematiche e Naturali
Subjects:
Online Access:http://dx.doi.org/10.1478/AAPP.90S1C3