Area under the curve as a measure of discounting.

By Joel Myerson, Leonard Green, Missaka Warusawitharana. Journal of The Experimental Analysis of Behavior, 2001

1,499 citations recorded by the source corpus.

Subfields: Economics and Econometrics, General Decision Sciences, Social Psychology

View Paper: https://www.semanticscholar.org/paper/b13c24a27cbb8ac941e59838fb7ceae8aa72857f

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Citations in the corpus

A discounting framework for choice with delayed and probabilistic rewards. (2004, background): “Finally, analytic approaches are needed that take into account the fact that the distributions of discounting rate parameters are highly skewed (e.g., Myerson et al., 2001).”
A delay-discounting primer. (2010, methodology): “The area under the curve solution was suggested by Myerson, Green, and Warusawitharana (2001) and it offers a hypothesis-free measure of degree of delay discounting.”
Empirical estimation of consistency parameter in intertemporal choice based on Tsallis’ statistics (2007, background): “The lack of significant attention to inconsistency in intertemporal choice is also reflected in the utilization of a discount parameter which only reflects impulsivity but not inconsistency in intertemporal choice (i.e. AUC, Area Under the discount Curve) [9], in psychopharmacological studies.”
Delay discounting: I'm a k, you're a k. (2011, background): “For example, Odum (2011) examined the relation between discounting for one type of reward (e.”
Living a Fast Life (2010, background): “Indeed, the ideal situation would have been to assess discounting on a series of points to provide a hyperbolic discounting curve because single-point estimates of discounting can be problematic (Green et al. 1996; Myerson et al. 2001 ) or at a minimum to use a more elaborate/lengthy measure of ind”
A review of delay-discounting research with humans: relations to drug use and gambling (2006, methodology): “(1), some researchers use an areaunder-the-curve (AUC) method to characterize rate of delay discounting mathematically (e.g. Myerson et al., 2001; Odum and Rainaud, 2003; Ohmura et al., 2005).”
Delay discounting: concepts and measures (2012, background): “This phenomenon has been considered fundamental in the decision-making process, and several mathematical models have been proposed to identify its underlying mechanisms (Myerson et al., 2001).”
Delayed reward discounting and addictive behavior: a meta-analysis (2011, background): “…index of how rapidly a delayed reward loses value, which can be calculated a number of different ways (Green and Myerson 2004; Mazur 1987; Mitchell et al. 2005; Myerson et al. 2001), but, across methods, the more precipitously the reward loses value, the more impulsive the individual is considered.”
Temporal Discounting of Hypothetical Monetary Rewards by Adolescents, Adults, and Older Adults (2009, methodology): “Complete details of this method are described in Myerson et al. (2001).”
Discounting delayed and probabilistic rewards: Processes and traits (2003, methodology): “As described in Myerson et al. (2001), calculations of the area under the curve for each individual were based on the observed subjective values rather than the area under the best-fitting theoretical curve (Eq.”
Bikinis Instigate Generalized Impatience in Intertemporal Choice (2008, methodology): “As in study 1a and 1b, we consider the area under the empirical discounting function as a measure of delay discounting (Myerson et al. 2001).”