Inference and preference in intertemporal choice
When choosing between immediate and future rewards, how do people deal with uncertainty about the value of the future outcome or the delay until its occurrence? Skylark et al. (2020) suggested that people employ a delay-reward heuristic: the inferred value of an ambiguous future reward is a function...
Main Authors: | William J. Skylark, George D. Farmer, Nadia Bahemia |
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Format: | Article |
Language: | English |
Published: |
Cambridge University Press
2021-03-01
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Series: | Judgment and Decision Making |
Subjects: | |
Online Access: | http://journal.sjdm.org/21/210122a/jdm210122a.pdf |
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