Original paper
What the Future Holds and When: A Description–Experience Gap in Intertemporal Choice
Abstract
Uncertainty about the waiting time before obtaining an outcome is integral to intertemporal choice. Here, we showed that people express different time preferences depending on how they learn about this temporal uncertainty. In two studies, people chose between pairs of options: one with a single, sure delay and the other involving multiple, probabilistic delays (a lottery). The probability of each delay occurring either was explicitly described...
Paper Details
Title
What the Future Holds and When: A Description–Experience Gap in Intertemporal Choice
Published Date
Jul 18, 2019
Journal
Volume
30
Issue
8
Pages
1218 - 1233
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Notes
History