Abstract:
:Recent research in the behavioral decision making literature has demonstrated that humans hyperbolically discount the subjective value of options as the number of options increases (Reed et al., 2012). These findings provide a cognitive-behavioral synthesis of the "choice overload" phenomenon, also known as the "paradox of choice." Specifically, these findings suggest that temporal discounting may serve as the underlying process contributing to this effect. As an extension, this study examined the effects of reward magnitude sizes had on rates temporal and options discounting. This manipulation was conducted to determine what role temporal discounting plays in discounting of options. The present results suggest that temporal discounting may not be the only process contributing to the choice overload effect.
journal_name
Behav Processesjournal_title
Behavioural processesauthors
Kaplan BA,Reed DDdoi
10.1016/j.beproc.2013.04.001subject
Has Abstractpub_date
2013-07-01 00:00:00pages
21-4eissn
0376-6357issn
1872-8308pii
S0376-6357(13)00061-2journal_volume
97pub_type
杂志文章abstract::Discounting occurs when the subjective value of an outcome decreases because its delivery is either delayed or uncertain. Discounting has been widely studied because of its ubiquitous nature. Research from our laboratory has demonstrated that rates of discounting are systematically altered by several different factors...
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