Now showing items 1-2 of 2
Can Money Buy Happiness? Evidence from the Discounting of Uncertain Happiness.
Discounting has been used to describe choice behavior under conditions of uncertainty. Generally speaking, it has been found that as an outcome becomes more uncertain, the value the individual places on the outcome decreases ...
A Psychophysical Approach to Discounting : Sex and Money.
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 on discounting indicates that when outcomes are delayed, ...