Impulsiveness seems to be best accounted for by the hyperbolic curves that have been found to describe the decline in effectiveness of rewards as the rewards are delayed from the time of …

Specious Reward: A Behavioral Theory of Impulsiveness and Impulse Control George Ainslie

We conduct an experiment to investigate the degree to which deviations from exponential discounting can be accounted for by the hypothesis of hyperbolic discounting. Subjects are …

Oct 30, 2024 · In this article, considered a landmark in the scientific literature on the subject-matter, Ainslie points out the inadequacy of these hypotheses and turns his attention to …

When he said the "momentary pleasure" is "uncer­tain in its results" he must have meant that there is a risk of later—larger punishment or loss of reward, since the pleasure itself is at hand and …

Nov 4, 2025 · This study demonstrates, by utilizing the mathematical model of probability discounting theory in behavioral psychology, that normative principles of decision making …

Under this hypothesis the value of imminent rewards is always amplified, and the flattening of curves into the exponential shape reflecting consistent choice is what needs explanation.

'Impulsiveness seems to be best accounted for by the hyberbolic curves that have been found to describe the decline in effectiveness of rewards as the rewards are delayed from the time of …

To test this hypothesis, we estimated (hyperbolic) discount rates for real delayed monetary rewards (US$10 to US$20) using second-price auction procedures with 247 undergraduates at …

To test this hypothesis, we estimated (hyperbolic) discount rates for real delayed monetary rewards (US$10 to US$20) using second-price auction procedures with 247 undergraduates at …