Effects of reward magnitude frames on measures of delay discounting in a hypothetical money scenario

The current study analyzed the effects of three frames of reward magnitude—quantity, volume, and duration—on the rate at which college students discounted hypothetical, delayed monetary rewards. Hypothetical scenarios were presented using the fill-in-the-blank discounting questionnaire and participants made choices between immediate and delayed hypothetical monetary rewards. Scenarios framed the monetary choices as (a) quantity of dollar bills, (b) height (inches) of a stack of dollar bills, and (c) duration of time spent in a hypothetical cash machine to collect dollar bills. For each scenario, participants' subjective values were used to calculate the area under the curve (AuC). Framing resulted in a moderate effect size: The duration frame yielded significantly smaller AuC values compared to the quantity and volume frames. Thus, the framing of reward magnitude was a significant variable in controlling discounting rates for hypothetical, delayed monetary rewards. Subsequent investigations should be aware of the independent effects of the reward magnitude frames on delay discounting rates.     

Comparison of delay discounting of different outcomes in cigarette smokers,smokeless tobacco users,e-cigarette users,and non-tobacco users

Delay discounting is the process by which a commodity loses value as the delay to its receipt increases. Rapid discounting predicts various maladaptive behaviors including tobacco use. Typically, delay discounting of different outcomes has been compared between cigarette smokers and nonsmokers. To better understand the relationship of delay discounting to different modes of tobacco use, we examined the differences in delay discounting of different outcomes between cigarette smokers, smokeless tobacco users, e-cigarette users, and non-tobacco users. In the present study, all participants completed 8 titrating delay-discounting tasks: $100 gain, $500 gain, $500 loss, alcohol, entertainment, food, a temporary health gain, and a temporary cure from a disease. Non-tobacco users discounted most outcomes less than tobacco users overall; however, there were no differences in discounting among the different types of tobacco users. These results suggest that nicotine consumption of any kind is associated with a higher degree of impulsivity compared to non-tobacco users. Adoption of tobacco products that have been perceived as less harmful (e.g., e-cigarettes) is not associated with a baseline difference or decrease in delay discounting if adopted after a history of cigarette use.     

Inequality in personality and temporal discounting across socioeconomic status? Assessing the evidence

Personality traits such as conscientiousness and impulsivity correlate with temporal discounting, the degree to which individuals discount the value of future relative to present rewards. These variables have, in turn, been hypothesized to relate to income inequality in the United States. A key but untested assumption of this hypothesis is that the association among these variables is distinct across socioeconomic classes. The purpose of the present research is to test that assumption. N = 1100 adults with annual income ranging from at or below the poverty line ($0–$20,000) to upper-middle class ($200,000+) completed personality measures and a measure of temporal discounting. The results of our preregistered analyses indicated a positive association of income with trait planfulness, and a negative association with trait impulsivity and one parameter of temporal discounting that captures a bias to prefer sooner rewards to a greater degree if they are delivered that day. Our results can inform psychological theories of inequality and a broader conversation about effective public policy.     

A tutorial on the use of excel 2010 and excel for mac 2011 for conducting delay-discounting analyses

In recent years, researchers and practitioners in the behavioral sciences have profited from a growing literature on delay discounting. The purpose of this article is to provide readers with a brief tutorial on how to use Microsoft Office Excel 2010 and Excel for Mac 2011 to analyze discounting data to yield parameters for both the hyperbolic discounting model and area under the curve. This tutorial is intended to encourage the quantitative analysis of behavior in both research and applied settings by readers with relatively little formal training in nonlinear regression.     

Delay discounting in Lewis and Fischer 344 rats: steady-state and rapid-determination adjusting-amount procedures

Lewis rats have been shown to make more impulsive choices than Fischer 344 rats in discrete-trial choice procedures that arrange fixed (i.e., nontitrating) reinforcement parameters. However, nontitrating procedures yield only gross estimates of preference, as choice measures in animal subjects are rarely graded at the level of the individual subject. The present study was designed to examine potential strain differences in delay discounting using an adjusting-amount procedure, in which distributed (rather than exclusive) choice is observed due to dynamic titration of reinforcer magnitude across trials. Using a steady-state version of the adjusting-amount procedure in which delay was manipulated between experimental conditions, steeper delay discounting was observed in Lewis rats compared to Fischer 344 rats; further, delay discounting in both strains was well described by the traditional hyperbolic discounting model. However, upon partial completion of the present study, a study published elsewhere (Wilhelm & Mitchell, 2009) demonstrated no difference in delay discounting between these strains with the use of a more rapid version of the adjusting-amount procedure (i.e., in which delay is manipulated daily). Thus, following completion of the steady-state assessment in the present study, all surviving Lewis and Fischer 344 rats completed an approximation of this rapid-determination procedure in which no strain difference in delay discounting was observed.     

Personality and behavioral outcomes associated with risk-taking are accurately inferred from faces

Growing evidence suggests that people are able to accurately infer some personality traits and behavioral outcomes from facial photographs. However, little research has examined whether people are able to accurately infer personality traits or behavioral outcomes associated with risk-taking. In this study, we examined whether people were able to accurately infer, on average, others’ personality traits associated with risk-taking from facial photographs. We further examined whether such first impressions were associated with relevant and important behavioral outcomes—specifically, future discounting and gambling and problem gambling tendencies. Results suggest that people are able to accurately infer, on average, some personality traits and behavioral outcomes associated with risk-taking from faces.     

Interval timing predicts impulsivity in intertemporal choice: combined behavioral and drift-diffusion model evidence

ABSTRACT

This study investigated the relationship between interval timing and impulsivity in intertemporal choice in a healthy population. A duration production task was used to assess interval timing. Choice impulsivity was assessed using a hypothetical money choice task. Results from 134 participants indicated that faster internal clock significantly predicted lower choice impulsivity. A subsequent drift-diffusion model analysis of the behavioural data revealed that in the sub-group of relatively farsighted participants, faster internal clock predicted consideration of more information before making a choice, which in turn was associated with lower choice impulsivity. In the sub-group of relatively impatient participants too, faster internal clock predicted consideration of more information, but which in turn was associated with higher choice impulsivity. It is concluded that among relatively farsighted individuals in a normal population, faster internal clock favours a more deliberate processing of the options at hand, thus eliciting less impulsive choices.