Ontology highlight
ABSTRACT:
SUBMITTER: Franck CT
PROVIDER: S-EPMC10108293 | biostudies-literature | 2023 Jan
REPOSITORIES: biostudies-literature
Franck Christopher T CT Traxler Haily K HK Kaplan Brent A BA Koffarnus Mikhail N MN Rzeszutek Mark J MJ
Journal of the experimental analysis of behavior 20221214 1
Delay discounting reflects the rate at which a reward loses its subjective value as a function of delay to that reward. Many models have been proposed to measure delay discounting, and many comparisons have been made among these models. We highlight the two-parameter delay discounting model popularized by Howard Rachlin by demonstrating two key practical features of the Rachlin model. The first feature is flexibility; the Rachlin model fits empirical discounting data closely. Second, when compar ...[more]