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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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Hlavní autoři: Debajyoti eRay, Peter eBossaerts
Médium: Artigo
Jazyk:Inglês
Vydáno: Frontiers Media S.A. 2011-01-01
Edice:Frontiers in Neuroscience
Témata:
On-line přístup:http://journal.frontiersin.org/Journal/10.3389/fnins.2011.00002/full
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