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Positive Temporal Dependence of the Biological Clock Implies Hyperbolic Discounting

Temporal preferences of animals and humans often exhibit inconsistencies, whereby an earlier, smaller reward may be preferred when it occurs immediately but not when it is delayed. Such choices reflect hyperbolic discounting of future rewards, rather than the exponential discounting required for tem...

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Detalles Bibliográficos
Autores principales: Ray, Debajyoti, Bossaerts, Peter
Formato: Texto
Lenguaje:English
Publicado: Frontiers Research Foundation 2011
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3031993/
https://www.ncbi.nlm.nih.gov/pubmed/21441979
http://dx.doi.org/10.3389/fnins.2011.00002