Predicting hunger: the effects of appetite and delay on choice
Article Abstract:
Choices that apply to the future are significantly affected by a person's current state of appetite. This was found in a study of interpersonal empathy and dynamic inconsistency in food choice, wherein 200 employees of various firms in Amsterdam, the Netherlands, made advance choices between healthy and unhealthy snacks that they would receive at a designated time and then made immediate choices at that designated time. Findings showed that current as well as future hunger influenced advanced choices, with hungry participants choosing more unhealthy snacks than satisfied ones.
Publication Name: Organizational Behavior & Human Decision Processes
Subject: Psychology and mental health
ISSN: 0749-5978
Year: 1998
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Modeling myopic decisions: evidence for hyperbolic delay-discounting within subjects and amounts
Article Abstract:
Hyperbolic and exponential discounting functions were used to model the valuation of delayed rewards. Test subjects were offered five delayed monetary rewards and asked the least amount they would accept in exchange for these rewards. The hyperbolic discounting function showed better fit within subjects and within all the delayed reward sizes compared to the exponential discounting function.
Publication Name: Organizational Behavior & Human Decision Processes
Subject: Psychology and mental health
ISSN: 0749-5978
Year: 1995
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Time discounting over the lifespan
Article Abstract:
Theoretical descriptions of intertemporal choice predict systematic age differences in the rate at which people discount the future. A study was conducted to test the different predictions of patterns of discounting over the lifespan. Results show that young people commit more apparently impulsive acts then do the elderly.
Publication Name: Organizational Behavior & Human Decision Processes
Subject: Psychology and mental health
ISSN: 0749-5978
Year: 2004
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