Time-discounting in monetary choices is determined by aspects related to the reward, contextual factors and characteristics of a person. In the present study, we used three datasets (Ndata1 = 419; Ndata2 = 485; Ndata3 = 240) to examine how well personal characteristics (sociodemographic, financial situation, self-control, cognitive abilities, negative experiencing, and trustfulness) predict time-discounting in both hypothetical and real reward scenarios. The results of the regression analyses indicate that the characteristics of a person only explain a small proportion of the variance in time-discounting (R2 ranged from .10 to .19). The only substantive predictors of time-discounting in monetary choices were financial literacy and the gener...
Color poster with text and graph.Individuals must make a vast amount of decisions every single day (...
Human decisions are strongly influenced by past experience or by the subjective values attributed to...
Delay-discounting studies in neuroscience, psychology, and economics have been mostly focused on con...
Time-discounting in monetary choices is determined by aspects related to the reward, contextual fact...
Delay discounting is often considered a universal feature of human choice behavior, but there is con...
This paper estimates time preference parameters using commonly-applied methodologies, with the aim o...
Delay discounting rates quantitatively describe a person’s preference for smaller, immediate rewards...
In intertemporal choice the subjective value of a reward decreases as the delay until its receipt in...
This paper has four objectives. First, we describe and evaluate three models of delay discounting (t...
In this paper we study the drivers of change in individuals ’ discount rates. Our panel dataset allo...
The present study used a delay discounting task and the Valued Living Questionnaire to examine the r...
Decision-makers regularly need to make trade-offs between benefits in the present and the future. Sm...
This paper considers the relationship between the economic concept of time preference and relevant c...
Delay discounting refers to the tendency of individuals to subjectively devalue rewards that are to ...
Time discounting is at the heart of economic decision-making. We disentangle hyperbolic discounting ...
Color poster with text and graph.Individuals must make a vast amount of decisions every single day (...
Human decisions are strongly influenced by past experience or by the subjective values attributed to...
Delay-discounting studies in neuroscience, psychology, and economics have been mostly focused on con...
Time-discounting in monetary choices is determined by aspects related to the reward, contextual fact...
Delay discounting is often considered a universal feature of human choice behavior, but there is con...
This paper estimates time preference parameters using commonly-applied methodologies, with the aim o...
Delay discounting rates quantitatively describe a person’s preference for smaller, immediate rewards...
In intertemporal choice the subjective value of a reward decreases as the delay until its receipt in...
This paper has four objectives. First, we describe and evaluate three models of delay discounting (t...
In this paper we study the drivers of change in individuals ’ discount rates. Our panel dataset allo...
The present study used a delay discounting task and the Valued Living Questionnaire to examine the r...
Decision-makers regularly need to make trade-offs between benefits in the present and the future. Sm...
This paper considers the relationship between the economic concept of time preference and relevant c...
Delay discounting refers to the tendency of individuals to subjectively devalue rewards that are to ...
Time discounting is at the heart of economic decision-making. We disentangle hyperbolic discounting ...
Color poster with text and graph.Individuals must make a vast amount of decisions every single day (...
Human decisions are strongly influenced by past experience or by the subjective values attributed to...
Delay-discounting studies in neuroscience, psychology, and economics have been mostly focused on con...