Normative arguments from experts and peers reduce delay discounting
When making decisions that involve tradeoffs between the quality and timing of desirable outcomes, people consistently discount the value of future outcomes. A puzzling finding regarding such decisions is the extremely high rate at which people discount future monetary outcomes. Most economists woul...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
Cambridge University Press
2012-09-01
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Series: | Judgment and Decision Making |
Subjects: | |
Online Access: | http://journal.sjdm.org/10/10219a/jdm10219a.pdf |