Subadditive versus hyperbolic discounting: A comparison of choice and matching
(2003)
Journal Article
Read, D., & Roelofsma, P. (2003). Subadditive versus hyperbolic discounting: A comparison of choice and matching. Organizational Behavior and Human Decision Processes, 91(2), 140-153. https://doi.org/10.1016/s0749-5978%2803%2900060-8
Impulsive and myopic choices are often explained as due to hyperbolic discounting, meaning that people are impatient for outcomes available immediately, and become increasingly more patient the more the outcome is delayed. Recent research, however, h... Read More about Subadditive versus hyperbolic discounting: A comparison of choice and matching.