Adaptive decisions require that decision makers factor in the subjective values of different possible outcomes, and the probability of these outcomes occurring. Subjective values depend, among other things, on how far an outcome is away in time. This can be captured by assessing an individual’s delay discounting of different options. An individual’s risk preference also affects how attractive particular choice options appear to them. In humans, probability discounting and delay discounting are often related. People who show more risky behaviors also tend to be more impulsive and less patient. Based on such findings, single-process models of delay discounting and probability discounting have been suggested. In the current study, we tested if...
In intertemporal choice (ITC) tasks, animals are presented with alternative choices between a smalle...
Decisions under risk and choices between delayed outcomes are usually treated as two separate proble...
Decisions under risk and choices between delayed outcomes are usually treated as two separate proble...
Adaptive decisions require that decision makers factor in the subjective values of different possibl...
Adaptive decisions require that decision makers factor in the subjective values of different possibl...
SummaryHumans and animals tend both to avoid uncertainty and to prefer immediate over future rewards...
When faced with choices between smaller sooner options and larger later options (i.e. intertemporal ...
SummaryTo make adaptive choices, individuals must sometimes exhibit patience, forgoing immediate ben...
To make adaptive choices, individuals must sometimes exhibit patience, forgoing immediate benefits t...
Humans and animals are more likely to take an action leading to an immediate reward than actions wit...
Studies of animal impulsivity generally find steep subjective devaluation, or discounting, of delaye...
Foraging decisions in nonhuman animals often require choosing between small, immediate food rewards ...
Studies of delay discounting typically have involved choices between smaller, immediate outcomes and...
A key component of economic decisions is the integration of information about reward outcomes and pr...
Experimental animals often prefer small but immediate rewards even when larger-delayed rewards provi...
In intertemporal choice (ITC) tasks, animals are presented with alternative choices between a smalle...
Decisions under risk and choices between delayed outcomes are usually treated as two separate proble...
Decisions under risk and choices between delayed outcomes are usually treated as two separate proble...
Adaptive decisions require that decision makers factor in the subjective values of different possibl...
Adaptive decisions require that decision makers factor in the subjective values of different possibl...
SummaryHumans and animals tend both to avoid uncertainty and to prefer immediate over future rewards...
When faced with choices between smaller sooner options and larger later options (i.e. intertemporal ...
SummaryTo make adaptive choices, individuals must sometimes exhibit patience, forgoing immediate ben...
To make adaptive choices, individuals must sometimes exhibit patience, forgoing immediate benefits t...
Humans and animals are more likely to take an action leading to an immediate reward than actions wit...
Studies of animal impulsivity generally find steep subjective devaluation, or discounting, of delaye...
Foraging decisions in nonhuman animals often require choosing between small, immediate food rewards ...
Studies of delay discounting typically have involved choices between smaller, immediate outcomes and...
A key component of economic decisions is the integration of information about reward outcomes and pr...
Experimental animals often prefer small but immediate rewards even when larger-delayed rewards provi...
In intertemporal choice (ITC) tasks, animals are presented with alternative choices between a smalle...
Decisions under risk and choices between delayed outcomes are usually treated as two separate proble...
Decisions under risk and choices between delayed outcomes are usually treated as two separate proble...