People Wait Longer when the Alternative is Risky: The Relation Between Preferences in Risky and Inter‐temporal Choice
In two experiments, we demonstrate that despite indicating indifference when probed about risk or delay in isolation, when forced to explicitly trade‐off between the two, participants prefer delayed over risky rewards. This pattern of findings sets a boundary condition for any common utility‐based c...
Saved in:
Published in | Journal of behavioral decision making Vol. 30; no. 5; pp. 1078 - 1092 |
---|---|
Main Authors | , , |
Format | Journal Article |
Language | English |
Published |
Chichester
Wiley Periodicals Inc
01.12.2017
|
Subjects | |
Online Access | Get full text |
ISSN | 0894-3257 1099-0771 |
DOI | 10.1002/bdm.2025 |
Cover
Abstract | In two experiments, we demonstrate that despite indicating indifference when probed about risk or delay in isolation, when forced to explicitly trade‐off between the two, participants prefer delayed over risky rewards. This pattern of findings sets a boundary condition for any common utility‐based comparison process involving both risk and delay. Furthermore, this change from indifference‐in‐isolation to delay‐preference‐in‐a‐trade‐off strengthens as reward amount increases. Exploratory modeling results suggest that the shift in preference can be explained by allowing for different discount rates for delay‐only choices compared with when delay is in competition with risk. This explanation is better than one in which probability weighting is different between risk‐only choices and risks considered in the presence of a delay. Together, the empirical and modeling work lays a path for future investigations of why and when people's evaluation of the properties of risky and delayed choices vary as a function of the alternatives on offer. Copyright © 2017 John Wiley & Sons, Ltd. |
---|---|
AbstractList | In two experiments, we demonstrate that despite indicating indifference when probed about risk or delay in isolation, when forced to explicitly trade‐off between the two, participants prefer delayed over risky rewards. This pattern of findings sets a boundary condition for any common utility‐based comparison process involving both risk and delay. Furthermore, this change from indifference‐in‐isolation to delay‐preference‐in‐a‐trade‐off strengthens as reward amount increases. Exploratory modeling results suggest that the shift in preference can be explained by allowing for different discount rates for delay‐only choices compared with when delay is in competition with risk. This explanation is better than one in which probability weighting is different between risk‐only choices and risks considered in the presence of a delay. Together, the empirical and modeling work lays a path for future investigations of why and when people's evaluation of the properties of risky and delayed choices vary as a function of the alternatives on offer. Copyright © 2017 John Wiley & Sons, Ltd. |
Author | Newell, Ben R. Luckman, Ashley Donkin, Chris |
Author_xml | – sequence: 1 givenname: Ashley orcidid: 0000-0002-4084-0376 surname: Luckman fullname: Luckman, Ashley email: ashleyjames.luckman@unibas.ch organization: University of New South Wales – sequence: 2 givenname: Chris surname: Donkin fullname: Donkin, Chris organization: University of New South Wales – sequence: 3 givenname: Ben R. surname: Newell fullname: Newell, Ben R. organization: University of New South Wales |
BookMark | eNp1kM9KAzEQh4NUsFbBRwh48bI1yTabXW9t_VeoKKJ4XNLsrE3dJjVJLb35CD6jT2JqPYmeBma--THz7aOWsQYQOqKkSwlhp5Nq3mWE8R3UpqQoEiIEbaE2yYtekjIu9tC-9zNC4iwlbbS6A7toAD9JHfDYmmdweDUFg8MUcL8J4IwM-g2w9vhe-5f1GX6Ik3toYtsaPICwgojfOajBgVHgsTZbFEtT4ZGJGZ_vHwHmC-tkg4dTqxUcoN1aNh4Of2oHPV5ePAyvk_Ht1WjYHycqHsuTnGdSgkhzKTjPVU3rjFSiqvkkZ5JyzlIlRC9jIjZplbJaAeNZRSaKkppxSDvoeJu7cPZ1CT6UM7uMPzW-pEXGozJRsEidbCnlrPfxlXLh9Fy6dUlJudFaRq3lRmtEu79QpcO3i-Ckbv5aSLYLK93A-t_gcnB-881_ATaDi1U |
CitedBy_id | crossref_primary_10_1002_bdm_2261 crossref_primary_10_1016_j_socec_2023_101999 crossref_primary_10_2139_ssrn_4393036 crossref_primary_10_1016_j_ijme_2018_10_001 crossref_primary_10_1007_s00187_021_00330_7 crossref_primary_10_1177_17456916231179138 crossref_primary_10_3389_fams_2018_00036 crossref_primary_10_3758_s13423_017_1330_8 |
Cites_doi | 10.1016/j.obhdp.2005.01.001 10.1287/mnsc.1110.1450 10.1287/mnsc.1120.1690 10.1901/jeab.1998.69-123 10.1086/257177 10.1002/bdm.1771 10.1007/s11166-008-9059-4 10.1186/1744-9081-3-52 10.1006/obhd.1995.1080 10.1287/mnsc.37.7.770 10.1016/0165-1765(81)90067-7 10.1007/BF00122574 10.1177/0956797615572232 10.1901/jeab.1991.55-233 10.3758/s13428-015-0672-2 10.1037/a0029177 10.1037/0033-295X.109.1.137 10.1007/s11238-008-9130-2 10.1037/0096-3445.132.1.23 10.1080/13669871003606224 10.1037/0033-2909.130.5.769 10.1007/s11166-014-9183-2 10.3758/BF03193582 10.1016/j.tics.2011.09.008 10.1287/deca.1110.0212 10.1037/a0019619 10.2307/1914185 10.1901/jeab.2011.95-175 10.1006/obhd.1995.1086 10.1037/xlm0000029 10.1007/s11166-011-9129-x 10.1037/0096-3445.126.1.54 10.1016/S0167-4870(03)00005-9 10.1037/0096-3445.131.3.364 10.1016/j.obhdp.2005.03.001 10.3758/BF03193437 |
ContentType | Journal Article |
Copyright | Copyright © 2017 John Wiley & Sons, Ltd. |
Copyright_xml | – notice: Copyright © 2017 John Wiley & Sons, Ltd. |
DBID | AAYXX CITATION 7QG 7TK 8BJ FQK JBE |
DOI | 10.1002/bdm.2025 |
DatabaseName | CrossRef Animal Behavior Abstracts Neurosciences Abstracts International Bibliography of the Social Sciences (IBSS) International Bibliography of the Social Sciences International Bibliography of the Social Sciences |
DatabaseTitle | CrossRef International Bibliography of the Social Sciences (IBSS) Neurosciences Abstracts Animal Behavior Abstracts |
DatabaseTitleList | CrossRef International Bibliography of the Social Sciences (IBSS) |
DeliveryMethod | fulltext_linktorsrc |
Discipline | Psychology Business |
EISSN | 1099-0771 |
EndPage | 1092 |
ExternalDocumentID | 10_1002_bdm_2025 BDM2025 |
Genre | article |
GrantInformation_xml | – fundername: Australian Research Council funderid: DE130100129; DP140101145; FT110100151 – fundername: Australian Research Council DECRA Fellowship funderid: DE130100129 – fundername: Australian Research Council Future Fellowship funderid: FT110100151 – fundername: ARC Discovery Project funderid: DP 140101145 |
GroupedDBID | .3N .GA .Y3 05W 0R~ 10A 1L6 1OB 1OC 29J 31~ 33P 3R3 3WU 4.4 50Y 50Z 51W 51Y 52M 52O 52Q 52S 52T 52U 52W 53G 5GY 5VS 66C 6TJ 702 7PT 7WY 8-0 8-1 8-3 8-4 8-5 8FI 8FJ 8FL 8FW 8R4 8R5 8UM 8VB 930 A04 AABNI AABXT AAESR AAHQN AAMMB AAMNL AANHP AAONW AAOUF AASGY AAXRX AAYCA AAZKR ABCQN ABCUV ABEML ABIJN ABIVO ABJNI ABPVW ABSOO ABUWG ACAHQ ACBKW ACBWZ ACCZN ACFBH ACGFS ACHQT ACPOU ACPRK ACRPL ACSCC ACXQS ACYXJ ADBBV ADEMA ADEOM ADIZJ ADKYN ADMGS ADNMO ADXAS ADZMN AEFGJ AEIGN AEIMD AEUYR AEYWJ AFBPY AFFPM AFGKR AFKFF AFKRA AFWVQ AFZJQ AGHNM AGQPQ AGXDD AHBTC AHQJS AIDQK AIDYY AIURR AKVCP ALAGY ALMA_UNASSIGNED_HOLDINGS ALUQN ALVPJ AMBMR AMYDB AQUVI ASPBG ASTYK AVWKF AZBYB AZFZN AZQEC AZVAB BAFTC BDRZF BENPR BEZIV BFHJK BMKGK BMXJE BNVMJ BPHCQ BQESF BROTX BRXPI BVXVI BY8 CCPQU CS3 D-C D-D DCZOG DPXWK DR2 DRFUL DRSSH DU5 DWQXO EBO EBS EBU EJD F00 F01 F5P FEDTE FRNLG FYUFA G-S G.N G50 GNP GNUQQ GODZA GROUPED_ABI_INFORM_RESEARCH HBH HF~ HGLYW HHY HHZ HVGLF HZ~ IX1 J0M JPC K1G K60 K6~ KQQ LATKE LAW LC2 LC4 LEEKS LH4 LITHE LOXES LP6 LP7 LUTES LW6 LYRES M0C M0T M2M M55 MEWTI MK4 MRFUL MRSSH MSFUL MSSSH MXFUL MXSSH N04 N06 N9A NF~ NNB O66 O9- OIG P2P P2W P2Y P4C PALCI PHGZM PHGZT PJZUB PPXIY PQBIZ PQBZA PQQKQ PROAC PSYQQ Q.N Q11 Q2X QB0 QRW QWB R.K RIWAO RJQFR ROL RX1 SAMSI SUPJJ TH9 TN5 UB1 UKHRP UPT V2E W8V W99 WBKPD WEBCB WH7 WIB WIH WII WJL WOHZO WQZ WSUWO WXSBR XG1 XKC XPP XV2 YQT ZL0 ZZTAW ~IA ~WP AAHHS AAYXX ACCFJ ADZOD AEEZP AEQDE AIWBW AJBDE ALIPV CITATION 7QG 7TK 8BJ FQK JBE |
ID | FETCH-LOGICAL-c3255-856aae738a7558cf1f60d7df5b82a15523c774627d7d1d32fce256d0bc10f25e3 |
IEDL.DBID | DR2 |
ISSN | 0894-3257 |
IngestDate | Sat Aug 16 08:51:49 EDT 2025 Thu Apr 24 22:58:28 EDT 2025 Tue Jul 01 02:27:36 EDT 2025 Wed Aug 20 07:24:18 EDT 2025 |
IsPeerReviewed | true |
IsScholarly | true |
Issue | 5 |
Language | English |
License | http://onlinelibrary.wiley.com/termsAndConditions#am http://onlinelibrary.wiley.com/termsAndConditions#vor |
LinkModel | DirectLink |
MergedId | FETCHMERGED-LOGICAL-c3255-856aae738a7558cf1f60d7df5b82a15523c774627d7d1d32fce256d0bc10f25e3 |
Notes | ObjectType-Article-1 SourceType-Scholarly Journals-1 ObjectType-Feature-2 content type line 14 |
ORCID | 0000-0002-4084-0376 |
PQID | 1965100792 |
PQPubID | 36333 |
PageCount | 15 |
ParticipantIDs | proquest_journals_1965100792 crossref_primary_10_1002_bdm_2025 crossref_citationtrail_10_1002_bdm_2025 wiley_primary_10_1002_bdm_2025_BDM2025 |
ProviderPackageCode | CITATION AAYXX |
PublicationCentury | 2000 |
PublicationDate | December 2017 |
PublicationDateYYYYMMDD | 2017-12-01 |
PublicationDate_xml | – month: 12 year: 2017 text: December 2017 |
PublicationDecade | 2010 |
PublicationPlace | Chichester |
PublicationPlace_xml | – name: Chichester |
PublicationTitle | Journal of behavioral decision making |
PublicationYear | 2017 |
Publisher | Wiley Periodicals Inc |
Publisher_xml | – name: Wiley Periodicals Inc |
References | 2013; 26 2005a; 96 1991; 37 2010; 13 2006; 34 2012 2002; 131 1991; 55 2005b; 97 2014; 48 1981; 8 2011; 15 2012; 58 2011; 8 2003; 132 1998; 69 1995; 64 1995; 63 2015; 26 1997; 126 2013; 59 2013; 39 2010; 68 1979; 47 2010; 117 2004; 130 1952; 60 2015; 41 2011; 95 2003; 24 2011; 43 2015 2002; 109 2007; 3 2016; 48 2009; 38 1992; 5 e_1_2_10_23_1 e_1_2_10_21_1 e_1_2_10_22_1 e_1_2_10_20_1 e_1_2_10_41_1 e_1_2_10_40_1 Oshikoji K. (e_1_2_10_24_1) 2012 e_1_2_10_2_1 e_1_2_10_4_1 e_1_2_10_18_1 Luckman A. (e_1_2_10_19_1) 2015 e_1_2_10_3_1 e_1_2_10_6_1 e_1_2_10_16_1 e_1_2_10_39_1 e_1_2_10_5_1 e_1_2_10_17_1 e_1_2_10_38_1 e_1_2_10_8_1 e_1_2_10_14_1 e_1_2_10_7_1 e_1_2_10_15_1 e_1_2_10_36_1 e_1_2_10_12_1 e_1_2_10_35_1 e_1_2_10_9_1 e_1_2_10_13_1 e_1_2_10_34_1 e_1_2_10_10_1 e_1_2_10_33_1 e_1_2_10_11_1 e_1_2_10_32_1 e_1_2_10_31_1 e_1_2_10_30_1 Vanderveldt A. (e_1_2_10_37_1) 2015 e_1_2_10_29_1 e_1_2_10_27_1 e_1_2_10_28_1 e_1_2_10_25_1 e_1_2_10_26_1 |
References_xml | – volume: 69 start-page: 123 issue: 2 year: 1998 end-page: 139 article-title: Trade‐offs in choice between risk and delay depend on monetary amounts publication-title: Jornal Of The Experimental Analysis Of Behavior – volume: 8 start-page: 233 issue: 3 year: 2011 end-page: 246 article-title: Consistency among elicitation techniques for intertemporal choice: A within‐subjects investigation of the anomalies publication-title: Decision Analysis – volume: 132 start-page: 23 issue: 1 year: 2003 end-page: 46 article-title: Prospect relativity: How choice options influence decision under risk publication-title: Journal of Experimental Psychology: General – volume: 126 start-page: 54 issue: 1 year: 1997 end-page: 70 article-title: Bidding on the future: Evidence against normative discounting of delayed rewards publication-title: Journal of Experimental Psychology: General – volume: 5 start-page: 297 issue: 4 year: 1992 end-page: 323 article-title: Advances in prospect theory: Cumulative representation of uncertainty publication-title: Journal of Risk and Uncertainty – volume: 39 start-page: 573 issue: 2 year: 2013 end-page: 588 article-title: DRIFT: An analysis of outcome framing in intertemporal choice publication-title: Journal of Experimental Psychology: Learning, Memory, and Cognition – volume: 43 start-page: 169 issue: 3 year: 2011 end-page: 203 article-title: Viewing the future through a warped lens: Why uncertainty generates hyperbolic discounting publication-title: Journal of Risk and Uncertainty – volume: 13 start-page: 805 issue: 6 year: 2010 end-page: 820 article-title: The effect of risk on intertemporal choice publication-title: Journal of Risk Research – volume: 24 start-page: 619 issue: 5 year: 2003 end-page: 635 article-title: Discounting delayed and probabilistic rewards: Processes and traits publication-title: Journal of Economic Psychology – volume: 58 start-page: 831 issue: 4 year: 2012 end-page: 842 article-title: Probability and Time Trade‐Off publication-title: Management Science – volume: 117 start-page: 925 issue: 3 year: 2010 end-page: 944 article-title: The psychology of intertemporal tradeoffs publication-title: Psychological Review – volume: 47 start-page: 263 year: 1979 end-page: 291 article-title: Prospect Theory: An analysis of decision under risk publication-title: Econometrica – volume: 3 start-page: 52 year: 2007 article-title: A hyperbolic decay of subjective probability of obtaining delayed rewards publication-title: Behavioral and Brain Functions – year: 2012 – volume: 55 start-page: 233 issue: 2 year: 1991 end-page: 244 article-title: Subjective probability and delay publication-title: Journal of the Experimental Analysis of Behavior – volume: 34 start-page: 914 issue: 4 year: 2006 end-page: 928 article-title: Differential effects of amount on temporal and probability discounting of gains and losses publication-title: Memory & Cognition – volume: 131 start-page: 364 issue: 3 year: 2002 end-page: 376 article-title: Time‐dependent gambling: Odds now, money later publication-title: Journal of Experimental Psychology: General – volume: 96 start-page: 104 issue: 2 year: 2005a end-page: 118 article-title: The combined effects of risk and time on choice: Does uncertainty eliminate the immediacy effect? Does delay eliminate the certainty effect? publication-title: Organizational Behavior and Human Decision Processes – volume: 109 start-page: 137 issue: 1 year: 2002 end-page: 155 article-title: Making trade‐offs: A probabilistic and context‐sensitive model of choice behavior publication-title: Psychological Review – volume: 48 start-page: 1608 issue: 4 year: 2016 end-page: 1620 article-title: Hierarchical Bayesian estimation and hypothesis testing for delay discounting tasks publication-title: Behavior Research Methods – volume: 60 start-page: 151 issue: 2 year: 1952 end-page: 158 article-title: The Utility of Wealth publication-title: Journal of Political Economy – volume: 26 start-page: 826 issue: 6 year: 2015 end-page: 833 article-title: Money earlier or later? Simple heuristics explain intertemporal choices better than delay discounting does publication-title: Psychological Science – volume: 59 start-page: 2153 issue: 9 year: 2013 end-page: 2169 article-title: Is there one unifying concept of utility? An experimental comparison of utility under risk and utility over time publication-title: Management Science – start-page: 1440 year: 2015 end-page: 1446 – volume: 68 start-page: 149 issue: 1–2 year: 2010 end-page: 158 article-title: Common ratio using delay publication-title: Theory and Decision – volume: 26 start-page: 348 issue: 4 year: 2013 end-page: 361 article-title: Good or bad, we want it now: Fixed‐cost present bias for gains and losses explains magnitude asymmetries in intertemporal choice publication-title: Journal of Behavioral Decision Making – volume: 15 start-page: 546 issue: 11 year: 2011 end-page: 554 article-title: Does the brain calculate value? publication-title: Trends in Cognitive Sciences – volume: 95 start-page: 175 issue: 2 year: 2011 end-page: 187 article-title: Modeling the effect of reward amount on probability discounting publication-title: Journal of the Experimental Analysis of Behavior – volume: 8 start-page: 201 issue: 3 year: 1981 end-page: 207 article-title: Some empirical‐evidence on dynamic inconsistency publication-title: Economics Letters – volume: 37 start-page: 770 issue: 7 year: 1991 end-page: 786 article-title: Decision making over time and under uncertainty: A common approach publication-title: Management Science – volume: 34 start-page: 589 issue: 3 year: 2006 end-page: 602 article-title: Decision biases in intertemporal choice and choice under uncertainty: Testing a common account publication-title: Memory & Cognition – volume: 41 start-page: 148 issue: 1 year: 2015 end-page: 162 article-title: Discounting of monetary rewards that are both delayed and probabilistic: Delay and probability combine multiplicatively, not additively publication-title: Journal of Experimental Psychology: Learning, Memory, and Cognition – volume: 64 start-page: 22 issue: 1 year: 1995 end-page: 30 article-title: Modeling myopic decisions—Evidence for hyperbolic delay‐discounting within‐subjects and amounts publication-title: Organizational Behavior and Human Decision Processes – year: 2015 article-title: Discounting by probabilistic waiting publication-title: Journal of Behavioral Decision Making – volume: 130 start-page: 769 issue: 5 year: 2004 end-page: 792 article-title: A discounting framework for choice with delayed and probabilistic rewards publication-title: Psychological Bulletin – volume: 63 start-page: 287 issue: 3 year: 1995 end-page: 297 article-title: Immediacy and certainty in intertemporal choice publication-title: Organizational Behavior and Human Decision Processes – volume: 48 start-page: 67 issue: 1 year: 2014 end-page: 83 article-title: Prospect theory and the “forgotten” fourfold pattern of risk preferences publication-title: Journal of Risk and Uncertainty – volume: 97 start-page: 31 issue: 1 year: 2005b end-page: 46 article-title: Playing for peanuts: Why is risk seeking more common for low‐stakes gambles? publication-title: Organizational Behavior and Human Decision Processes – volume: 38 start-page: 51 issue: 1 year: 2009 end-page: 72 article-title: Individual decision‐making experiments with risk and intertemporal choice publication-title: Journal of Risk and Uncertainty – ident: e_1_2_10_40_1 doi: 10.1016/j.obhdp.2005.01.001 – ident: e_1_2_10_5_1 doi: 10.1287/mnsc.1110.1450 – ident: e_1_2_10_2_1 doi: 10.1287/mnsc.1120.1690 – ident: e_1_2_10_7_1 doi: 10.1901/jeab.1998.69-123 – ident: e_1_2_10_21_1 doi: 10.1086/257177 – ident: e_1_2_10_14_1 doi: 10.1002/bdm.1771 – ident: e_1_2_10_3_1 doi: 10.1007/s11166-008-9059-4 – ident: e_1_2_10_33_1 doi: 10.1186/1744-9081-3-52 – ident: e_1_2_10_16_1 doi: 10.1006/obhd.1995.1080 – ident: e_1_2_10_25_1 doi: 10.1287/mnsc.37.7.770 – ident: e_1_2_10_34_1 doi: 10.1016/0165-1765(81)90067-7 – ident: e_1_2_10_35_1 doi: 10.1007/BF00122574 – ident: e_1_2_10_9_1 doi: 10.1177/0956797615572232 – volume-title: Risky Intertemporal Choice in the Loss Domain year: 2012 ident: e_1_2_10_24_1 – ident: e_1_2_10_26_1 doi: 10.1901/jeab.1991.55-233 – ident: e_1_2_10_38_1 doi: 10.3758/s13428-015-0672-2 – ident: e_1_2_10_27_1 doi: 10.1037/a0029177 – ident: e_1_2_10_11_1 doi: 10.1037/0033-295X.109.1.137 – ident: e_1_2_10_4_1 doi: 10.1007/s11238-008-9130-2 – ident: e_1_2_10_20_1 – ident: e_1_2_10_31_1 doi: 10.1037/0096-3445.132.1.23 – ident: e_1_2_10_32_1 doi: 10.1080/13669871003606224 – ident: e_1_2_10_12_1 doi: 10.1037/0033-2909.130.5.769 – ident: e_1_2_10_30_1 doi: 10.1007/s11166-014-9183-2 – ident: e_1_2_10_6_1 doi: 10.3758/BF03193582 – ident: e_1_2_10_39_1 doi: 10.1016/j.tics.2011.09.008 – ident: e_1_2_10_13_1 doi: 10.1287/deca.1110.0212 – ident: e_1_2_10_29_1 doi: 10.1037/a0019619 – ident: e_1_2_10_15_1 doi: 10.2307/1914185 – ident: e_1_2_10_22_1 doi: 10.1901/jeab.2011.95-175 – ident: e_1_2_10_18_1 doi: 10.1006/obhd.1995.1086 – ident: e_1_2_10_36_1 doi: 10.1037/xlm0000029 – year: 2015 ident: e_1_2_10_37_1 article-title: Discounting by probabilistic waiting publication-title: Journal of Behavioral Decision Making – ident: e_1_2_10_8_1 doi: 10.1007/s11166-011-9129-x – ident: e_1_2_10_17_1 doi: 10.1037/0096-3445.126.1.54 – ident: e_1_2_10_23_1 doi: 10.1016/S0167-4870(03)00005-9 – start-page: 1440 volume-title: Proceedings of the 37th Annual Meeting of the Cognitive Science Society year: 2015 ident: e_1_2_10_19_1 – ident: e_1_2_10_28_1 doi: 10.1037/0096-3445.131.3.364 – ident: e_1_2_10_41_1 doi: 10.1016/j.obhdp.2005.03.001 – ident: e_1_2_10_10_1 doi: 10.3758/BF03193437 |
SSID | ssj0009930 |
Score | 2.213657 |
Snippet | In two experiments, we demonstrate that despite indicating indifference when probed about risk or delay in isolation, when forced to explicitly trade‐off... In two experiments, we demonstrate that despite indicating indifference when probed about risk or delay in isolation, when forced to explicitly trade-off... |
SourceID | proquest crossref wiley |
SourceType | Aggregation Database Enrichment Source Index Database Publisher |
StartPage | 1078 |
SubjectTerms | decision making Delayed inter‐temporal choice magnitude effect Preferences Reinforcement risky choice utility Weighting |
Title | People Wait Longer when the Alternative is Risky: The Relation Between Preferences in Risky and Inter‐temporal Choice |
URI | https://onlinelibrary.wiley.com/doi/abs/10.1002%2Fbdm.2025 https://www.proquest.com/docview/1965100792 |
Volume | 30 |
hasFullText | 1 |
inHoldings | 1 |
isFullTextHit | |
isPrint | |
link | http://utb.summon.serialssolutions.com/2.0.0/link/0/eLvHCXMwnV1LS8NAEF7Eg_TioyrWFyOInqLJJpuHt9YHIipFFAUPYbO7ocGSimkt9eRP8Df6S5zNo1VREE-BsIFkZ2bny_DNN4RsMw8DSLqBEShlG460IoMrVxjMxr8NhhZXQjc4X1y6pzfO2R27K1mVuhem0IcYF9x0ZOTntQ5wHmX7E9HQSOpGcqr7yy3b1bL5R1cT5ShMu3l5xQ8cw0a3rHRnTbpfPfg1E03g5WeQmmeZkzlyX71fQS552Bv0oz3x8k268X8fME9mS_AJzcJbFsiUSutkpuK-10ltfByOFsmwnZPL4ZYnfTjv6eofDDsqBYSM0OyWhcRnBUkGV0n2MDoA9Dmo2HXQKhhg0B5PMskgSYulwFMJeTHy_fWtVMfqwmGnh8fWErk5Ob4-PDXKMQ2GwJ1lhs9czpVn-9xjzBexFbum9GTMIp9yrfBmC8SYLvXwpiVtGguFOEuakbDMmDJlL5PptJeqFQKxHoEWo8P4jDrKERxTKZPS5IFEGCf9BtmtTBaKUsNcj9LohoX6Mg1xU0O9qQ2yNV75WOh2_LBmvbJ6WEZuFmqFRc0cCWiD7OTm-_X5sHV0oa-rf124RmpUo4KcDbNOpvtPA7WBmKYfbebe-wFj1fPB |
linkProvider | Wiley-Blackwell |
linkToHtml | http://utb.summon.serialssolutions.com/2.0.0/link/0/eLvHCXMwnV3dSxtBEB_8AOuLVltpbKwjFPt05rJ3ex_2yU-iJhKCUh-EY293D4PhUkxU0if_BP_G_iXO3kdiRaH4dHDMwt3OzM5vh5nfAHznPjmQ8kIr1NqxXFWPLaE9aXGHbhucNK6laXBunXqNc_f4gl9Mwc-yFybnhxgn3IxnZOe1cXCTkK5NWENjZTrJGZ-GWZdwhrl57Xcm3FEUeLMESxC6lkOGWTLP2qxWrvw3Fk0A5nOYmsWZw0W4LL8wLy-53rodxlvyzwvyxnf-wkdYKPAn7uQGswRTOl2GubL8fRnmxyfi6BPct7P6cvwlukNs9k0CEO-vdIqEGnGnV-QS7zR2B9jpDq5H20hmh2WBHe7mRWDYHg8zGWA3zUVRpAqzfOTfh8eCIKuHe1d9Ork-w_nhwdlewyomNViStpZbAfeE0L4TCJ_zQCb1xLOVrxIeB0wYkjdHEsz0mE8v68phidQEtZQdy7qdMK6dFZhJ-6n-ApiYKWgJ2UzAmatdKSiacqVsESpCciqowI9SZ5EsaMzNNI1elBMws4g2NTKbWoGNseTvnLrjFZlqqfaocN5BZEgWTfFIyCqwmenvzfXR7n7LPFf_V3AdPjTOWs2oeXR68hXmmQEJWXFMFWaGN7d6jSDOMP6WmfITocD34A |
linkToPdf | http://utb.summon.serialssolutions.com/2.0.0/link/0/eLvHCXMwnV3JSsRAEC1cQLy4i-Nagugpmumks3hzG9wZRFHwEDrdHRwcMuKMip78BL_RL7E6y4yKgngKhAokXVVdL8XrVwAr3KcEUl5ohVo7lquqsSW0Jy3u0N8GJ49raQ44n5x6-xfu4RW_KliV5ixMrg_RbbiZzMj2a5PgdyrZ6ImGxsocJGe8HwZdj4CEAURnPekoqrtZfyUIXcuhuCyFZ222UT75tRT18OVnlJqVmdooXJcvmLNLbtcfOvG6fPmm3fi_LxiDkQJ94lYeLuPQp9MJGCrJ7xMw3N0PnyfhqZ6xy_FSNDp43DLtP3y60SkSZsStZtFJfNTYaONZo337vIkUdFjS63A7p4BhvTvKpI2NNDdFkSrMupHvr2-FPFYTd25atG9NwUVt73xn3yrmNFiSVpZbAfeE0L4TCJ_zQCbVxLOVrxIeB0wYiTdHEsj0mE83q8phidQEtJQdy6qdMK6daRhIW6meAUzMDLSEIibgzNWuFFRLuVK2CBXhOBVUYK10WSQLEXMzS6MZ5fLLLKJFjcyiVmC5a3mXC3f8YDNfej0qUrcdGYlFQx0JWQVWM_f9-ny0vXtirrN_NVyCofpuLTo-OD2ag2FmEELGjJmHgc79g14gfNOJF7NA_gDJwfaP |
openUrl | ctx_ver=Z39.88-2004&ctx_enc=info%3Aofi%2Fenc%3AUTF-8&rfr_id=info%3Asid%2Fsummon.serialssolutions.com&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.atitle=People+Wait+Longer+when+the+Alternative+is+Risky%3A+The+Relation+Between+Preferences+in+Risky+and+Inter%E2%80%90temporal+Choice&rft.jtitle=Journal+of+behavioral+decision+making&rft.au=Luckman%2C+Ashley&rft.au=Donkin%2C+Chris&rft.au=Newell%2C+Ben+R.&rft.date=2017-12-01&rft.issn=0894-3257&rft.eissn=1099-0771&rft.volume=30&rft.issue=5&rft.spage=1078&rft.epage=1092&rft_id=info:doi/10.1002%2Fbdm.2025&rft.externalDBID=n%2Fa&rft.externalDocID=10_1002_bdm_2025 |
thumbnail_l | http://covers-cdn.summon.serialssolutions.com/index.aspx?isbn=/lc.gif&issn=0894-3257&client=summon |
thumbnail_m | http://covers-cdn.summon.serialssolutions.com/index.aspx?isbn=/mc.gif&issn=0894-3257&client=summon |
thumbnail_s | http://covers-cdn.summon.serialssolutions.com/index.aspx?isbn=/sc.gif&issn=0894-3257&client=summon |