A Comparison of Discounting Parameters Obtained Through Two Different Adjusting Procedures: Bisection and Up-Down.
Description:
The study compared delay discounting in adult humans using two different methods of adjustments. Both methods used hypothetical choices of monetary outcomes. One involved adjustments using a fixed sequence of ascending or descending amounts, the other used a bisection algorithm in which the changes in amounts varied as a function of the subjects' choices. Two magnitudes of delayed outcomes were used: $1,000 and $10,000. A within subject design was used to compare indifference curves and discoun…
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Date:
December 2007
Creator:
Woelz, Thomas Anatol da Rocha