A Social Discounting Model based on Tsallis Statistics
نویسنده
چکیده
Social decision making (e.g. social discounting and social preferences) has been attracting attention in economics, econophysics, social physics, behavioral psychology and neuroeconomics. This paper proposes a novel social discounting model based on the deformed algebra developed in the Tsallis' non-extensive thermostatistics. Furthermore, it is suggested that this model can be utilized to quantify the degree of consistency in social discounting in humans and analyze the relationships between behavioral tendencies in social discounting and other-regarding economic decision-making under game-theoretic conditions. Future directions in the application of the model to studies in econophysics, neuroeconomics, and social physics are discussed.
منابع مشابه
A comparison between Tsallis' statistics-based and generalized quasi-hyperbolic discount models in humans
A comparison between Tsallis' statistics-based and generalized quasi-hyperbolic discount models in humans. Acknowledgements: The research reported in this paper was supported by a grant from the Grant-in-Aid for Scientific Research (" 21st century center of excellence " grant) from the Ministry of Education, Culture, Sports, Science and Technology of Japan, and Yamaguchi endocrinological disord...
متن کاملA comparison of intertemporal choices for oneself versus someone else based on Tsallis' statistics
Acknowledgements: The research reported in this paper was supported by a grant from the Grant-in-Aid for Scientific Research (" 21st century center of excellence " grant) from the Ministry of Education, Culture, Sports, Science and Technology of Japan. Summary Impulsivity and inconsistency in intertemporal choice (discounting) have drawn attention in econophysics and neuroeconomics. Although it...
متن کاملA neuroeconomic theory of rational addiction and nonlinear time-perception.
Neuroeconomic conditions for "rational addiction" (Becker & Murphy 1988) have been unknown. This paper derived the conditions for "rational addiction" by utilizing a nonlinear time-perception theory of "hyperbolic" discounting, which is mathematically equivalent to the q-exponential intertemporal choice model based on Tsallis' statistics. It is shown that (i) Arrow-Pratt measure for temporal co...
متن کاملDepressive patients are more impulsive and inconsistent in intertemporal choice behavior for monetary gain and loss than healthy subjects--an analysis based on Tsallis' statistics.
OBJECTIVES Depression has been associated with impaired neural processing of reward and punishment. However, to date, little is known regarding the relationship between depression and intertemporal choice (delay discounting) for gain and loss. This examination is potentially important for advances in neuroeconomics of intertemporal choice, because depression is associated with reduced serotoner...
متن کاملThe Effectiveness of Delayed Discounting Model of Mindfulness-Based Cognitive Therapy on Delayed Reward Discounting, Impulsivity and Sensation Seeking in Individuals with Substance Use Disorders
Objective: The aim of this study was to investigate the effectiveness of delayed discounting model of mindfulness-based cognitive therapy on delayed reward discounting, impulsivity, and sensation seeking in individuals with substance use disorders. Method: This study was a semi-experimental research conducted in the form of pretest-posttest and follow-up stage with control group. The statistica...
متن کامل