Hyperbola-like discounting, impulsivity, and the analysis of will

Behavioral and Brain Sciences 28 (5):655-656 (2005)
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Abstract

Ainslie's insightful treatment of dynamically inconsistent choice stands in contrast to traditional views in psychology, economics, and philosophy. We comment on the form of the discounting function and on new findings regarding choice between delayed rewards. Finally, we argue that the positive correlation between temporal and probability discounting is inconsistent with the view that impulsivity represents a unitary trait.

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