Work

The Intertemporal behaviour: classical and alternative delay discounting models and control techniques

Year: 2012

Type: article

Abstract: Hyperbolic discounting refers to the tendency for people to increasingly choose a smaller-sooner reward as a delay occurs sooner rather than later in time. When offered a larger reward in exchange for waiting a set amount of time, people act less impulsively (i.e. choose to wait) as the rewards happen further in the future. Put another way, people to avoid waiting more as the wait nears the present time.

Source: Atti della Accademia Peloritana dei Pericolanti. Classe di Scienze Fisiche, Matematiche e Naturali/Atti della Accademia Peloritana dei Pericolanti, Classe di Scienze Fisiche, Matematiche e Naturali

DOI: 10.1478/aapp.90s1c3

Authors: Aldo G. S. Ventre, Viviana Ventre

Institutions: University of Campania "Luigi Vanvitelli", University of Sannio

Language: English

Topic: Decision-Making and Behavioral Economics

Subfield: General Decision Sciences

Field: Decision Sciences

Domain: Social Sciences

Open Access status: diamond

OpenAlex ID: W2290883929

FWCI: 0.439

Cites: 35

Cited by: 4

Related to: 10