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Direct linkScholten, Marc; Read, Daniel – Journal of Experimental Psychology: Learning, Memory, and Cognition, 2013
A robust anomaly in intertemporal choice is the delay-speedup asymmetry: Receipts are discounted more, and payments are discounted less, when delayed than when expedited over the same interval. We developed 2 versions of the tradeoff model (Scholten & Read, 2010) to address such situations, in which an outcome is expected at a given time but…
Descriptors: Experimental Psychology, Time, Models, Prediction
