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Delay discounting (Psychology)

LC control no.sh2013002387
LC classificationBF505.D45
Topical headingDelay discounting (Psychology)
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Variant(s)Discounting, Delay (Psychology)
Discounting, Intertemporal (Psychology)
Intertemporal choice
Intertemporal discounting (Psychology)
See alsoChoice (Psychology)
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Reward (Psychology)
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Found inWork cat: Avsar, K.B. fMRI investigation of intertemporal discounting in schizophrenia, 2011: p. 8 (Delay discounting (DD) is an empirical construct based on the observation that as delays to receiving rewards increase, the valuation of rewards decreases, resulting in a preference for smaller, but more immediate rewards. In other words, a future reward must be of greater nominal value to be more attractive over an immediate reward)
Personality and individual differences, Dec. 2009: p. 973 (There has been discussion over the extent to which delay discounting--as prototypically shown by a preference for a smaller-sooner sum of money over a larger-later sum--measures the same kind of impulsive preferences that drive non-financial behavior. ... Given the choice, people generally prefer to receive pleasant things---such as money, food, or in the case of smokers, nicotine---sooner rather than later, and the attractiveness of a reward is reduced by increasing delay until its receipt)
Behavioral interventions, Feb. 2005: p. 102 (Delay discounting is a behavior analytic approach to understanding how different people make choices between smaller rewards given immediately and larger rewards given after a delay, to assess the degree of impulsivity or self-control)
Physiology & behavior, July 2010: p. 441 (The idea that people may prefer smaller immediate rewards over larger but delayed ones is also the construct that is central to delay discounting, where people are asked a series of questions regarding whether they would prefer a smaller, but more immediate reward, versus a larger, but more delayed reward)
Marketing letters, Dec. 2005: pp. 347-348 (The psychology of intertemporal discounting ... . Intertemporal choice refers to a choice between options whose consequences occur at different points in time. Examples of intertemporal choice include: Receiving 10 [dollars] today, or 12 [dollars] in a week, choosing between chocolate cake and fruit for dessert, saving versus spending money now, promising to write a journal article or teach an extra course in the next academic term, choosing a major in college, and deciding whether to smoke a cigarette. In each of these cases, a decision maker needs to trade off the utility (or value) of one outcome that is temporally proximal (typically immediate) with another one that is temporally distant)
Not found inAPA dictionary of psychology, 2007; Colman, A.M. A dictionary of psychology, 2006; Reber, A.S. The Penguin dictionary of psychology, 2001