Subadditive versus hyperbolic discounting: a comparison of choice and matching
Article Abstract:
People are impatient for outcomes available immediately, and become increasingly more patient the more when the outcome is delayed, and such impulsive and myopic choices are often explained as hyperbolic discounting. Two methods are compared for measuring discounting to determine how much of the evidence for hyperbolic discounting is due to subaddivity.
Publication Name: Organizational Behavior & Human Decision Processes
Subject: Psychology and mental health
ISSN: 0749-5978
Year: 2003
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Testing the indifference between a binary lottery and its edited components using observed estimates of variability
Article Abstract:
The validity of duplex decomposition assumption, which states that person is indifferent to playing mixed gain or lose lottery and playing two lotteries successively or simultaneously, is examined. A comparison of response variability to binary lottery and duplex decomposed lottery is presented.
Publication Name: Organizational Behavior & Human Decision Processes
Subject: Psychology and mental health
ISSN: 0749-5978
Year: 2005
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Receiving two consequences: Tests of monotonicity and scale invariance
Article Abstract:
Tests of monotonicity and scale invariance in decision making were undertaken.
Publication Name: Organizational Behavior & Human Decision Processes
Subject: Psychology and mental health
ISSN: 0749-5978
Year: 2000
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