Amount and time exert independent influences on intertemporal choice

跨期选择 耐心 贴现 动态不一致 时间贴现 双曲线贴现 时间偏好 经济 计量经济学 过程(计算) 价值(数学) 微观经济学 计算机科学 心理学 统计 数学 社会心理学 操作系统 财务
作者
Dianna Amasino,Nicolette J. Sullivan,Rachel Kranton,Scott A. Huettel
出处
期刊:Nature Human Behaviour [Nature Portfolio]
卷期号:3 (4): 383-392 被引量:154
标识
DOI:10.1038/s41562-019-0537-2
摘要

Intertemporal choices involve trade-offs between the value of rewards and the delay before those rewards are experienced. Canonical intertemporal choice models such as hyperbolic discounting assume that reward amount and time until delivery are integrated within each option prior to comparison1,2. An alternative view posits that intertemporal choice reflects attribute-wise processes in which amount and time attributes are compared separately3-6. Here, we use multi-attribute drift diffusion modelling (DDM) to show that attribute-wise comparison represents the choice process better than option-wise comparison for intertemporal choice in a young adult population. We find that, while accumulation rates for amount and time information are uncorrelated, the difference between those rates predicts individual differences in patience. Moreover, patient individuals incorporate amount earlier than time into the decision process. Using eye tracking, we link these modelling results to attention, showing that patience results from a rapid, attribute-wise process that prioritizes amount over time information. Thus, we find converging evidence that distinct evaluation processes for amount and time determine intertemporal financial choices. Because intertemporal decisions in the lab have been linked to failures of patience ranging from insufficient saving to addiction7-13, understanding individual differences in the choice process is important for developing more effective interventions.
最长约 10秒,即可获得该文献文件

科研通智能强力驱动
Strongly Powered by AbleSci AI
科研通是完全免费的文献互助平台,具备全网最快的应助速度,最高的求助完成率。 对每一个文献求助,科研通都将尽心尽力,给求助人一个满意的交代。
实时播报
gaogao完成签到,获得积分10
刚刚
Ava应助bewater采纳,获得10
1秒前
不要温水煮青蛙完成签到 ,获得积分10
1秒前
灰太狼大王完成签到,获得积分10
2秒前
Akim应助嘻嘻哈哈采纳,获得10
2秒前
淡定季节发布了新的文献求助10
3秒前
3秒前
5秒前
CQUw完成签到,获得积分10
5秒前
小二郎应助可乐采纳,获得10
7秒前
9秒前
完美世界应助爱吃香菜采纳,获得10
11秒前
11秒前
11秒前
12秒前
13秒前
14秒前
muyu完成签到,获得积分10
15秒前
16秒前
Doro完成签到,获得积分10
16秒前
16秒前
一个芒果发布了新的文献求助10
17秒前
18秒前
传奇3应助科研通管家采纳,获得10
18秒前
18秒前
Ava应助科研通管家采纳,获得10
18秒前
英俊的铭应助科研通管家采纳,获得10
18秒前
大模型应助科研通管家采纳,获得10
18秒前
上官若男应助科研通管家采纳,获得10
18秒前
大个应助科研通管家采纳,获得10
19秒前
无花果应助科研通管家采纳,获得30
19秒前
CodeCraft应助科研通管家采纳,获得10
19秒前
在水一方应助科研通管家采纳,获得10
19秒前
CodeCraft应助科研通管家采纳,获得10
19秒前
orixero应助科研通管家采纳,获得10
19秒前
田様应助科研通管家采纳,获得10
19秒前
orixero应助科研通管家采纳,获得10
19秒前
19秒前
爆米花应助科研通管家采纳,获得10
19秒前
今后应助科研通管家采纳,获得30
19秒前
高分求助中
(应助此贴封号)【重要!!请各用户(尤其是新用户)详细阅读】【科研通的精品贴汇总】 10000
Evidence Summary. Injection (subcutaneous):op- timal administration 1000
悉尼大学博士学位论文,题目:Modelling and testing of one-sided stitched laminated composites. 作者:Kristopher P. Plain 700
Matrix Methods in Data Mining and Pattern Recognition Second Edition 610
Curating Socialism: A Handbook of International Art Exhibitions 1947-1989 530
Lengua e imagen en la comunicación digital 500
A First Course in Options Pricing Theory 500
热门求助领域 (近24小时)
化学 材料科学 医学 生物 纳米技术 工程类 有机化学 化学工程 生物化学 计算机科学 内科学 物理 复合材料 催化作用 细胞生物学 无机化学 光电子学 物理化学 电极 基因
热门帖子
关注 科研通微信公众号,转发送积分 7481803
求助须知:如何正确求助?哪些是违规求助? 9074689
关于积分的说明 19352428
捐赠科研通 7098023
什么是DOI,文献DOI怎么找? 3247732
关于科研通互助平台的介绍 2416666
邀请新用户注册赠送积分活动 2233035