On Four Types of Devaluation of Outcomes Due to Their Costs: Delay, Probability, Effort, and Social Discounting
Abstract
Discounting refers to decreases in the subjective value of an outcome with increases in some attribute of that outcome. The attributes most commonly studied are delay and probability, with far less research on effort and social discounting. Although these attributes all represent costs that reduce subjective value, it is as yet unclear how the extent to which they do so is related at the individual level. Accordingly, the present study examined...
Paper Details
Title
On Four Types of Devaluation of Outcomes Due to Their Costs: Delay, Probability, Effort, and Social Discounting
Published Date
Mar 22, 2019
Journal
Volume
69
Issue
3
Pages
415 - 424
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