Inconsistency and Subjective Time Dilation Perception in Intertemporal Decision Making
نویسندگان
چکیده
منابع مشابه
A general theory of intertemporal decision-making and the perception of time
Animals and humans make decisions based on their expected outcomes. Since relevant outcomes are often delayed, perceiving delays and choosing between earlier vs. later rewards (intertemporal decision-making) is an essential component of animal behavior. The myriad observations made in experiments studying intertemporal decision-making and time perception have not yet been rationalized within a ...
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Vol. XLVI (August 2009), 543–556 543 © 2009, American Marketing Association ISSN: 0022-2437 (print), 1547-7193 (electronic) *Gal Zauberman is Associate Professor of Marketing (e-mail: [email protected]), and B. Kyu Kim is a doctoral student (e-mail: [email protected]), the Wharton School, University of Pennsylvania. Selin A. Malkoc is Assistant Professor of Marketing, Olin Busine...
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Intertemporal decision-making is a fundamental issue in the study of individual behavior. In this paper I review the economic approach to intertemporal decision-making by considering the behavioral assumptions that are implied by the Exponential and the Hyperbolic discounting models. Both approaches focus on how people evaluate utility ows over time. However, there is evidence showing that the...
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ژورنال
عنوان ژورنال: Frontiers in Applied Mathematics and Statistics
سال: 2018
ISSN: 2297-4687
DOI: 10.3389/fams.2018.00054