A New Method for Quantifying Outcomes in Discounting.
Loading...
Authors
Smits, Rochelle R.
Newquist, Matthew H.
Advisors
License
DOI
Type
Presentation
Journal Title
Journal ISSN
Volume Title
Publisher
Grantor
Abstract
Discounting has been defined as a decrease in the subjective value of an outcome as the delay to or uncertainty of receiving the outcome increases. Previous research has not quantified consumable and non-consumable outcomes in similar units. The purpose of the present study is to validate an approach to quantifying various rewards that allows for the comparison of qualitatively different rewards on a quantitatively similar scale.
Description
Color poster with text and graphs describing research conducted by Rochelle R. Smits and Matthew H. Newquist, advised by Daniel D. Holt.
Related Material and Data
Citation
Sponsorship
University of Wisconsin--Eau Claire Office of Research and Sponsored Programs.