Title
Is The Evidence For Hyperbolic Discounting In Humans Just An Experimental Artefact?
Abstract
We question the behavioral premise underlying Ainslie's claims about hyperbolic discounting theory. The alleged evidence for humans can be easily explained as an artefact of experimental procedures that do not control for the credibility of payment over different time horizons. In appropriately controlled and financially motivated settings, human behavior is consistent with conventional exponential preferences. © 2005 Cambridge University Press.
Publication Date
10-1-2005
Publication Title
Behavioral and Brain Sciences
Volume
28
Issue
5
Number of Pages
657-
Document Type
Note
Personal Identifier
scopus
DOI Link
https://doi.org/10.1017/S0140525X05290118
Copyright Status
Unknown
Socpus ID
33644855726 (Scopus)
Source API URL
https://api.elsevier.com/content/abstract/scopus_id/33644855726
STARS Citation
Harrison, Glenn W. and Lau, Morten Igel, "Is The Evidence For Hyperbolic Discounting In Humans Just An Experimental Artefact?" (2005). Scopus Export 2000s. 3669.
https://stars.library.ucf.edu/scopus2000/3669