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

Published online by Cambridge University Press:  25 October 2005

Leonard Green  and
Joel Myerson
Leonard Green*
Affiliation:
Department of Psychology, Washington University, St. Louis, MO63130
Joel Myerson*
Affiliation:
Department of Psychology, Washington University, St. Louis, MO63130
*
[email protected]
[email protected]
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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.

Type
Open Peer Commentary
Information
Behavioral and Brain Sciences , Volume 28 , Issue 5 , October 2005 , pp. 655 - 656
Copyright
Copyright © Cambridge University Press 2005

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