A discounting framework for choice with delayed and probabilistic rewards.

By Leonard Green, Joel Myerson. Psychological bulletin, 2004

1,637 citations recorded by the source corpus.

Subfields: Applied Psychology, Experimental and Cognitive Psychology, General Decision Sciences

View Paper: https://www.semanticscholar.org/paper/5cd41d64265acb80c97db49684e1811561631c98

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In Applied Psychology

In Experimental and Cognitive Psychology

In General Decision Sciences

Citations in the corpus

The Common Currency of Psychological Distance (2013, background): “Or the reverse: Probabilistically unlikely events require more individual attempts—spanning more time—before they ultimately come to pass (Green & Myerson, 2004).”
The Routledge Handbook of Philosophy and Science of Addiction (2018, background): “Over the last forty years experiments have surprisingly found that the same phenomenon occurs with delay to expected rewards (Green & Myerson 2004).”
Discounting and Pathological Gambling (2010, background): “…discounting rate and gambling, has been empirically verified with animal subjects (e.g., Mazur, 1991; Mazur & Romano, 1992) but has yet to be tested with humans; nevertheless, substantial evidence indicates that Equation 1 well describes delay discounting in humans (see Green & Myerson, 2004).”
Delay discounting: I'm a k, you're a k. (2011, methodology): “In response to this type of systematic deviation from the data, there are alternative models that add an additional free parameter to Equation 1 (Green & Myerson, 1995; Rachlin, 2006; see Green & Myerson, 2004; McKerchar, Green, & Myerson, 2010).”
Naturally Green: Harnessing Stone Age Psychological Biases to Foster Environmental Behavior (2014, background): “Research shows that although there are important individual and cultural differences in temporal discounting, people in modern societies still weigh immediate outcomes much more heavily than distant ones (Green & Myerson, 2004).”
Hyperbolic Discounting and Learning over Multiple Horizons (2019, background): “A wealth of empirical evidence has been amassed that humans, monkeys, rats and pigeons instead discount future returns hyperbolically , where d k ( t ) = 1 1+ kt , for some positive k > 0 (Ainslie, 1975; 1992; Mazur, 1985; 1997; Frederick et al., 2002; Green et al., 1981; Green & Myerson, 2004).”
A delay-discounting primer. (2010, background): “Because nearly everyone can relate to examples of preference reversals they have been, not surprisingly, frequently documented in the human delay-discounting literature (for a review see Green & Myerson, 2004).”
Delayed reward discounting and addictive behavior: a meta-analysis (2011, methodology): “…two sources: (a) literature searches using the PubMed/MEDLINE and PsycINFO databases, and (b) bibliographic searches of previous qualitative reviews on impulsivity in general and DRD in particular (Bickel and Marsch 2001; de Wit 2009; Green and Myerson 2004; Perry and Carroll 2008; Reynolds 2006b).”
Psychophysics of time perception and intertemporal choice models (2008, methodology): “It is to be noted that the simple hyperbolic discount function has been introduced from the optimal foraging theory (or the application of the Holling's optimal patch use theory) with a handling time parameter but without psychophysical effects on time-perception, in behavioral ecology [7,8].”
Bikinis Instigate Generalized Impatience in Intertemporal Choice (2008, positive): “Consistent with Griskevicius et al. (2006) and Eisenberger et al.”