Introducing upfront losses as well as gains decreases impatience in intertemporal choices with rewards
People tend to prefer smaller and sooner (SS) rewards over larger and later (LL) ones even when the latter are much larger. Previous research have identified several ways to enhance people's patience. Adding to this literature, the current paper demonstrates that introduction of upfront losses...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Society for Judgment and Decision Making
2014-07-01
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| Series: | Judgment and Decision Making |
| Subjects: | |
| Online Access: | http://journal.sjdm.org/13/131129/jdm131129.pdf |