Markov decision processes with quasi-hyperbolic discounting
Sign Up to like & getrecommendations! Published in 2020 at "Finance and Stochastics"
DOI: 10.1007/s00780-020-00443-2
Abstract: We study Markov decision processes with Borel state spaces under quasi-hyperbolic discounting. This type of discounting nicely models human behaviour, which is time-inconsistent in the long run. The decision maker has preferences changing in time.… read more here.
Keywords: decision; markov decision; decision processes; hyperbolic discounting ... See more keywords
Temporal discounting of gains and losses of time: An experimental investigation
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DOI: 10.1007/s11166-018-9287-1
Abstract: This paper investigates “asymmetries” between non-monetary gains and losses in intertemporal choice. We considered gains and losses of spare/working time with respect to a reference duration defined in a working contract. Specifically, we elicited a… read more here.
Keywords: gains losses; time; discounting gains; temporal discounting ... See more keywords
Variable time preference
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DOI: 10.1016/j.cogpsych.2019.03.003
Abstract: We re-examine behavioral patterns of intertemporal choice with recognition that time preferences may be inherently variable, focusing in particular on the explanatory power of an exponential discounting model with variable discount factors - the variable… read more here.
Keywords: exponential model; time; model; choice ... See more keywords
Dissociable roles of glucocorticoid and noradrenergic activation on social discounting
Sign Up to like & getrecommendations! Published in 2018 at "Psychoneuroendocrinology"
DOI: 10.1016/j.psyneuen.2018.01.015
Abstract: People often exhibit prosocial tendencies towards close kin and friends, but generosity decreases as a function of increasing social distance between donor and recipient, a phenomenon called social discounting. Evidence suggests that acute stress affects… read more here.
Keywords: social discounting; cort; stress; discounting ... See more keywords
Social discounting and distance perceptions in costly altruism
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DOI: 10.1038/s41562-017-0100
Abstract: Extraordinary acts of altruism towards strangers represent puzzling phenomena not easily explained by dominant biological models of altruism, such as kin selection and reciprocity1–3. These theories stipulate that genetically or socially close others should be… read more here.
Keywords: costly altruism; social discounting; discounting; discounting distance ... See more keywords
“Ten dollars today or 50 dollars after one month?” Temporal discounting in Korsakoff syndrome
Sign Up to like & getrecommendations! Published in 2023 at "Cognitive Neuropsychiatry"
DOI: 10.1080/13546805.2023.2173059
Abstract: ABSTRACT Objective Little research has investigated decision making in patients with Korsakoff syndrome (KS). Specifically, to our knowledge, there is a lack of research investigating whether patients with KS may tend to prefer immediate over… read more here.
Keywords: korsakoff syndrome; temporal discounting; today dollars; dollars one ... See more keywords
Flexible Estimation of Groundwater Service Values and Time Preferences
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DOI: 10.1086/713389
Abstract: Intertemporal choices depend on the time preference for discounting future costs and benefits. Allowing complex heterogeneity in time preferences can alter present value estimation of willingness to pay. Using data from a choice experiment about… read more here.
Keywords: groundwater service; time; service values; discounting ... See more keywords
Trial-wise exposure to visual emotional cues increases physiological arousal but not temporal discounting.
Sign Up to like & getrecommendations! Published in 2022 at "Psychophysiology"
DOI: 10.1111/psyp.13996
Abstract: Humans and many animals devalue future rewards as a function of time (temporal discounting). Increased discounting has been linked to various psychiatric conditions, including substance-use-disorders, behavioral addictions, and obesity. Despite its high intra-individual stability, temporal… read more here.
Keywords: temporal discounting; trial wise; physiological arousal; discounting ... See more keywords
Comparison of multiplicative and additive hyperbolic and hyperboloid discounting models in delayed lotteries involving gains and losses
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DOI: 10.1371/journal.pone.0233337
Abstract: Many day-to-day decisions may involve risky outcomes that occur at some delay after a decision has been made. We refer to such scenarios as delayed lotteries. Despite human choice often involves delayed lotteries, past research… read more here.
Keywords: research; delayed lotteries; delay; discounting ... See more keywords
A systematic review of discounting in national health economic evaluation guidelines: healthcare value implications.
Sign Up to like & getrecommendations! Published in 2022 at "Journal of comparative effectiveness research"
DOI: 10.2217/cer-2022-0167
Abstract: Aim: This review summarizes the discounting approaches recommended in current economic evaluation (EE) guidelines for healthcare programs and interventions. Materials & methods: A systematic review of EE guidelines for healthcare, published up to July 2022,… read more here.
Keywords: guidelines healthcare; review; systematic review; economic evaluation ... See more keywords
Individual Differences in Intertemporal Choice
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DOI: 10.3389/fpsyg.2021.643670
Abstract: Intertemporal choice involves deciding between smaller, sooner and larger, later rewards. People tend to prefer smaller rewards that are available earlier to larger rewards available later, a phenomenon referred to as temporal or delay discounting.… read more here.
Keywords: individual differences; temporal discounting; intertemporal choice; discounting ... See more keywords