A New Method for Quantifying Outcomes in Discounting.
Date
2009-02-10Author
Smits, Rochelle R.
Newquist, Matthew H.
Advisor(s)
Holt, Daniel D.
Metadata
Show full item recordAbstract
Discounting has been defined as a decrease in the subjective value of an outcome as the delay to or uncertainty of receiving the outcome increases. Previous research has not quantified consumable and non-consumable outcomes in similar units. The purpose of the present study is to validate an approach to quantifying various rewards that allows for the comparison of qualitatively different rewards on a quantitatively similar scale.
Subject
Delay of gratification
Choice (Psychology)
Reward (Psychology)
Posters
Permanent Link
http://digital.library.wisc.edu/1793/32237Type
Presentation
Description
Color poster with text and graphs describing research conducted by Rochelle R. Smits and Matthew H. Newquist, advised by Daniel D. Holt.