DELAY DISCOUNTING: I'M A K, YOU'RE A K
Delay discounting is the decline in the present value of a reward with delay to its receipt. Across a variety of species, populations, and reward types, value declines hyperbolically with delay. Value declines steeply with shorter delays, but more shallowly with longer delays. Quantitative modeling...
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Published in | Journal of the experimental analysis of behavior Vol. 96; no. 3; pp. 427 - 439 |
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Main Author | |
Format | Journal Article |
Language | English |
Published |
Oxford, UK
Blackwell Publishing Ltd
01.11.2011
Wiley-Blackwell Society for the Experimental Analysis of Behavior, Inc |
Subjects | |
Online Access | Get full text |
ISSN | 0022-5002 1938-3711 1938-3711 |
DOI | 10.1901/jeab.2011.96-423 |
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Abstract | Delay discounting is the decline in the present value of a reward with delay to its receipt. Across a variety of species, populations, and reward types, value declines hyperbolically with delay. Value declines steeply with shorter delays, but more shallowly with longer delays. Quantitative modeling provides precise measures to characterize the form of the discount function. These measures may be regarded as higher‐order dependent variables, intervening variables, or hypothetical constructs. I suggest the degree of delay discounting may be a personality trait. In the end, the ontological status of measures of delay discounting is irrelevant. Whatever delay discounting may be, its study has provided the field of behavior analysis and other areas measures with robust generality and predictive validity for a variety of significant human problems. Research on moderating the degree of delay discounting has the potential to produce substantial societal benefits. |
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AbstractList | Delay discounting is the decline in the present value of a reward with delay to its receipt. Across a variety of species, populations, and reward types, value declines hyperbolically with delay. Value declines steeply with shorter delays, but more shallowly with longer delays. Quantitative modeling provides precise measures to characterize the form of the discount function. These measures may be regarded as higher-order dependent variables, intervening variables, or hypothetical constructs. I suggest the degree of delay discounting may be a personality trait. In the end, the ontological status of measures of delay discounting is irrelevant. Whatever delay discounting may be, its study has provided the field of behavior analysis and other areas measures with robust generality and predictive validity for a variety of significant human problems. Research on moderating the degree of delay discounting has the potential to produce substantial societal benefits.Delay discounting is the decline in the present value of a reward with delay to its receipt. Across a variety of species, populations, and reward types, value declines hyperbolically with delay. Value declines steeply with shorter delays, but more shallowly with longer delays. Quantitative modeling provides precise measures to characterize the form of the discount function. These measures may be regarded as higher-order dependent variables, intervening variables, or hypothetical constructs. I suggest the degree of delay discounting may be a personality trait. In the end, the ontological status of measures of delay discounting is irrelevant. Whatever delay discounting may be, its study has provided the field of behavior analysis and other areas measures with robust generality and predictive validity for a variety of significant human problems. Research on moderating the degree of delay discounting has the potential to produce substantial societal benefits. Delay discounting is the decline in the present value of a reward with delay to its receipt. Across a variety of species, populations, and reward types, value declines hyperbolically with delay. Value declines steeply with shorter delays, but more shallowly with longer delays. Quantitative modeling provides precise measures to characterize the form of the discount function. These measures may be regarded as higher‐order dependent variables, intervening variables, or hypothetical constructs. I suggest the degree of delay discounting may be a personality trait. In the end, the ontological status of measures of delay discounting is irrelevant. Whatever delay discounting may be, its study has provided the field of behavior analysis and other areas measures with robust generality and predictive validity for a variety of significant human problems. Research on moderating the degree of delay discounting has the potential to produce substantial societal benefits. Delay discounting is the decline in the present value of a reward with delay to its receipt. Across a variety of species, populations, and reward types, value declines hyperbolically with delay. Value declines steeply with shorter delays, but more shallowly with longer delays. Quantitative modeling provides precise measures to characterize the form of the discount function. These measures may be regarded as higher-order dependent variables, intervening variables, or hypothetical constructs. I suggest the degree of delay discounting may be a personality trait. In the end, the ontological status of measures of delay discounting is irrelevant. Whatever delay discounting may be, its study has provided the field of behavior analysis and other areas measures with robust generality and predictive validity for a variety of significant human problems. Research on moderating the degree of delay discounting has the potential to produce substantial societal benefits. [PUBLICATION ABSTRACT] Delay discounting is the decline in the present value of a reward with delay to its receipt. Across a variety of species, populations, and reward types, value declines hyperbolically with delay. Value declines steeply with shorter delays, but more shallowly with longer delays. Quantitative modeling provides precise measures to characterize the form of the discount function. These measures may be regarded as higher-order dependent variables, intervening variables, or hypothetical constructs. I suggest the degree of delay discounting may be a personality trait. In the end, the ontological status of measures of delay discounting is irrelevant. Whatever delay discounting may be, its study has provided the field of behavior analysis and other areas measures with robust generality and predictive validity for a variety of significant human problems. Research on moderating the degree of delay discounting has the potential to produce substantial societal benefits. (Contains 1 table and 1 figure.) |
Author | Odum, Amy L. |
AuthorAffiliation | Utah State University |
AuthorAffiliation_xml | – name: Utah State University |
Author_xml | – sequence: 1 givenname: Amy L. surname: Odum fullname: Odum, Amy L. email: Amy.Odum@usu.edu organization: UTAH STATE UNIVERSITY |
BackLink | http://eric.ed.gov/ERICWebPortal/detail?accno=EJ999830$$DView record in ERIC https://www.ncbi.nlm.nih.gov/pubmed/22084499$$D View this record in MEDLINE/PubMed |
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Journal of the Experime 2010; 12 1989; 44 2009; 43 2006; 73 2002; 52 2009; 81 2010; 18 1991; 55 1978; 30 2007; 386 2004; 67 2000; 50 1974 2008; 77 1999; 128 1948; 55 1938 2009; 116 2003; 11 2005; 69 1995; 64 2009; 10 1967; 10 2009; 91 2004; 130 1987 1985 2011; 69 2007; 3 2010; 5 1996; 3 2009; 16 1937; 4 2007; 18 1995; 9 1984; 42 2010; 35 1981; 1 2010 2006; 17 2002; 77 1997; 67 2008; 14 1953 2005; 80 1999; 146 1988; 50 2011; 36 1991 2008; 90 1957 2010; 84 1996; 128 2010; 83 2007; 15 2009; 33 2006; 85 2010; 48 1974; 21 2006; 40 1950; 57 1983; 90 2000; 33 2011; 95 2004; 12 2011; 86 2011; 41 2011; 87 2009; 8 2007; 42 1999; 71 2005; 15 2001; 34 2007; 87 2009; 103 2003; 64 1994; 5 2009; 104 2010; 94 2010; 93 2001; 76 e_1_2_6_51_1 e_1_2_6_74_1 e_1_2_6_53_1 e_1_2_6_76_1 e_1_2_6_32_1 e_1_2_6_70_1 e_1_2_6_30_1 e_1_2_6_72_1 e_1_2_6_91_1 Madden G. J. 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Snippet | Delay discounting is the decline in the present value of a reward with delay to its receipt. Across a variety of species, populations, and reward types, value... |
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SubjectTerms | Animal Behavior Animals Behavior Behavior Patterns Behavioral Science Research Body Weight Choice Behavior College Students delay discounting Delay of Gratification human Humans impulsivity Judgment Models, Psychological Obesity Personality Personality Traits pigeon Predictive Validity Psychological Characteristics Psychological Patterns rat review Reward Rewards Self Control Studies Time Factors Value Judgment |
Title | DELAY DISCOUNTING: I'M A K, YOU'RE A K |
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