Temporal discounting in choice between delayed rewards: the role of age and income
Article Abstract:
Adults of different ages but with similar income levels show a similar decrease in the subjective value of monetary rewards with an increase in the time of receipt (temporal discounting). Adults of the same age but with different income levels discount the delayed rewards at different rates. Older adults with lower income show greater temporal discounting than those with a high income. There are no age-related differences in the temporal discounting by upper income groups. Spontaneity in decision making decreases rapidly during young adulthood, stabilizing by 30 years of age.
Publication Name: Psychology and Aging
Subject: Seniors
ISSN: 0882-7974
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Should humans destroy smallpox?
Article Abstract:
There is currently debate about whether to send smallpox into extinction, although destruction has been approved by health organization representatives from 190 countries. There are currently two live cultures, in the US and and in Russia. Those for its destruction see the benefit of the end of smallpox-induced virulence, but those against believe that scientific information about it may not be complete.
Publication Name: Endangered Species Update
Subject: Zoology and wildlife conservation
ISSN: 1081-3705
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
Post-Franco modernism
Article Abstract:
Modern Spain is presented in 'Open Spain/Espana Abierta: Contemporary Documentary Photography in Spain.' The exhibit consists of 169 photos from 16 Spaniards. Subjects range from industry to religion, rural to urban, street spectacles to workers, new to old. Contradictions are shown as pairs of opposite images, and every region of the country is represented.
Publication Name: Aperture
Subject: Arts, visual and performing
ISSN: 0003-6420
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Travel discounts. Big investment payoffs
- Abstracts: The International Year of Older Persons: putting aging and research onto the political agenda. Successful aging at work: an applied study of Selection, Optimization, and Compensation through impression management
- Abstracts: Live longer and better; seven secrets of a richer life now and tomorrow. Keep the passion ... adjust the goals
- Abstracts: Hypnosis can bring pain relief. The remarkable power of touch. Bring back the thrill
- Abstracts: Associations between early experiences with parents and well-being in old age. In the steps of giants: the early geriatrics texts