Cargando…

Building a Bridge into the Future: Dynamic Connectionist Modeling as an Integrative Tool for Research on Intertemporal Choice

Temporal discounting denotes the fact that individuals prefer smaller rewards delivered sooner over larger rewards delivered later, often to a higher extent than suggested by normative economical theories. In this article, we identify three lines of research studying this phenomenon which aim (i) to...

Descripción completa

Detalles Bibliográficos
Autores principales: Scherbaum, Stefan, Dshemuchadse, Maja, Goschke, Thomas
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Frontiers Media S.A. 2012
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3502038/
https://www.ncbi.nlm.nih.gov/pubmed/23181048
http://dx.doi.org/10.3389/fpsyg.2012.00514
_version_ 1782250258445631488
author Scherbaum, Stefan
Dshemuchadse, Maja
Goschke, Thomas
author_facet Scherbaum, Stefan
Dshemuchadse, Maja
Goschke, Thomas
author_sort Scherbaum, Stefan
collection PubMed
description Temporal discounting denotes the fact that individuals prefer smaller rewards delivered sooner over larger rewards delivered later, often to a higher extent than suggested by normative economical theories. In this article, we identify three lines of research studying this phenomenon which aim (i) to describe temporal discounting mathematically, (ii) to explain observed choice behavior psychologically, and (iii) to predict the influence of specific factors on intertemporal decisions. We then opt for an approach integrating postulated mechanisms and empirical findings from these three lines of research. Our approach focuses on the dynamical properties of decision processes and is based on computational modeling. We present a dynamic connectionist model of intertemporal choice focusing on the role of self-control and time framing as two central factors determining choice behavior. Results of our simulations indicate that the two influences interact with each other, and we present experimental data supporting this prediction. We conclude that computational modeling of the decision process dynamics can advance the integration of different strands of research in intertemporal choice.
format Online
Article
Text
id pubmed-3502038
institution National Center for Biotechnology Information
language English
publishDate 2012
publisher Frontiers Media S.A.
record_format MEDLINE/PubMed
spelling pubmed-35020382012-11-23 Building a Bridge into the Future: Dynamic Connectionist Modeling as an Integrative Tool for Research on Intertemporal Choice Scherbaum, Stefan Dshemuchadse, Maja Goschke, Thomas Front Psychol Psychology Temporal discounting denotes the fact that individuals prefer smaller rewards delivered sooner over larger rewards delivered later, often to a higher extent than suggested by normative economical theories. In this article, we identify three lines of research studying this phenomenon which aim (i) to describe temporal discounting mathematically, (ii) to explain observed choice behavior psychologically, and (iii) to predict the influence of specific factors on intertemporal decisions. We then opt for an approach integrating postulated mechanisms and empirical findings from these three lines of research. Our approach focuses on the dynamical properties of decision processes and is based on computational modeling. We present a dynamic connectionist model of intertemporal choice focusing on the role of self-control and time framing as two central factors determining choice behavior. Results of our simulations indicate that the two influences interact with each other, and we present experimental data supporting this prediction. We conclude that computational modeling of the decision process dynamics can advance the integration of different strands of research in intertemporal choice. Frontiers Media S.A. 2012-11-20 /pmc/articles/PMC3502038/ /pubmed/23181048 http://dx.doi.org/10.3389/fpsyg.2012.00514 Text en Copyright © 2012 Scherbaum, Dshemuchadse and Goschke. http://www.frontiersin.org/licenseagreement This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits use, distribution and reproduction in other forums, provided the original authors and source are credited and subject to any copyright notices concerning any third-party graphics etc.
spellingShingle Psychology
Scherbaum, Stefan
Dshemuchadse, Maja
Goschke, Thomas
Building a Bridge into the Future: Dynamic Connectionist Modeling as an Integrative Tool for Research on Intertemporal Choice
title Building a Bridge into the Future: Dynamic Connectionist Modeling as an Integrative Tool for Research on Intertemporal Choice
title_full Building a Bridge into the Future: Dynamic Connectionist Modeling as an Integrative Tool for Research on Intertemporal Choice
title_fullStr Building a Bridge into the Future: Dynamic Connectionist Modeling as an Integrative Tool for Research on Intertemporal Choice
title_full_unstemmed Building a Bridge into the Future: Dynamic Connectionist Modeling as an Integrative Tool for Research on Intertemporal Choice
title_short Building a Bridge into the Future: Dynamic Connectionist Modeling as an Integrative Tool for Research on Intertemporal Choice
title_sort building a bridge into the future: dynamic connectionist modeling as an integrative tool for research on intertemporal choice
topic Psychology
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3502038/
https://www.ncbi.nlm.nih.gov/pubmed/23181048
http://dx.doi.org/10.3389/fpsyg.2012.00514
work_keys_str_mv AT scherbaumstefan buildingabridgeintothefuturedynamicconnectionistmodelingasanintegrativetoolforresearchonintertemporalchoice
AT dshemuchadsemaja buildingabridgeintothefuturedynamicconnectionistmodelingasanintegrativetoolforresearchonintertemporalchoice
AT goschkethomas buildingabridgeintothefuturedynamicconnectionistmodelingasanintegrativetoolforresearchonintertemporalchoice