Discounting of Reward Sequences: a Test of Competing Formal Models of Hyperbolic Discounting

Discounting of Reward Sequences: a Test of Competing Formal Models of Hyperbolic Discounting

Humans are known to discount future rewards hyperbolically in time. Nevertheless, a formal recursive model of hyperbolic discounting has been elusive until recently, with the introduction of the hyperbolically discounted temporal difference (HDTD) model. Prior to that, models of learning (especial...

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Bibliographic Details
Main Authors:	Noah eZarr, Joshua W. Brown, William eAlexander
Format:	Article
Language:	English
Published:	Frontiers Media S.A. 2014-03-01
Series:	Frontiers in Psychology
Subjects:	Behavioral Research discounting model fitting Exponential discounting hyperbolic discounting temporal difference learning
Online Access:	http://journal.frontiersin.org/Journal/10.3389/fpsyg.2014.00178/full

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