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...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Accademia Peloritana dei Pericolanti
2012-11-01
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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 |