Social discounting and delay discounting

Social discounting was measured as the amount of money a participant was willing to forgo to give a fixed amount (usually $75) to another person. In the first experiment, amount forgone was a hyperbolic function of the social distance between the giver and receiver. In the second experiment, degree of social discounting was an increasing function of reward magnitude whereas degree of delay discounting was a decreasing function of reward magnitude. In the third experiment, the shape of the function relating delayed rewards to equally valued immediate rewards for another person was predicted from individual delay and social discount functions. All in all, the studies show that the social discount function, like delay and probability discount functions, is hyperbolic in form. Copyright © 2007 John Wiley & Sons, Ltd.     

Delayed signal detection, differential reinforcement, and short-term memory in the pigeon.

In two discrete-trial delayed-detection experiments, six pigeons were trained on dependent concurrent variable-interval schedules. Pecking a red side key was reinforced when the brighter of two white lights (S1) had been presented on the center key, and pecking a green side key was reinforced when the duller of two white lights (S2) had been presented on the center key. Incorrect responses were red side-key pecks following S2 presentations and green side-key pecks following S1 presentations; these resulted in three-second blackouts. In Experiment 1, the time between presentation of S1 or S2 on the center key and the onset of the red and green side keys was varied nonsystematically from 0.06 seconds to 19.69 seconds across experimental conditions. Stimulus discriminability decreased as the stimulus-choice delay increased. A rectangular-hyperbolic function better described this decrease in discriminability over time than did a negative-exponential function. In Experiment 2, at each of three stimulus-choice delays (0.06, 3.85, and 10.36 seconds), relative reinforcer frequency for correct responses to the red and green side keys was varied by changing the values of the dependent concurrent variable-interval schedules. The sensitivity of choice to relative reinforcer frequency was independent of the decrease in stimulus discriminability with increasing stimulus-choice delay.     

The effect of variable delays on self-control

Five pigeons served as subjects in an experiment that examined the effects of variable as opposed to fixed delays on preference in a self-control paradigm (choice between larger, more delayed and smaller, less delayed reinforcers). Nonindependent concurrent variable-interval schedules were used to measure choice. When delays to the larger, more delayed reinforcers were variable as opposed to fixed, the subjects showed an increased preference for that alternative (the self-control alternative). A series of regressions revealed that the hyperbolic decay model and incentive theory provided poor fits to the data, but a modified version of the generalized matching law provided an adequate fit. Together, consistent with a general prediction made by discounting models, the data supported the conclusion that variable delays can increase self-control. However, specific discounting models were not able to explain the present data well.     

An Analysis of Certain Effects of Bilateral Temporal Lobectomy in the Rhesus Monkey,with Special Reference to “Psychic Blindness”

Southern, black, poverty-level, female subjects were classified as Actives, Dropouts, or Never-Beens in regard to attendance at a family-planning clinic. The subjects took a story-telling test designed for lower social class subjects and rated a variety of persons and activities along semantic differential dimensions. Women who had dropped out were significantly lower than the other groups in their needs for achievement and for controlling life events. Actives perceived more difficulty in controlling events. Several significant differences were also found in the semantic differential ratings. The results can be interpreted to yield a consistent set of hypotheses about motivations related to birth control decisions.     

The effect of conditioned reinforcement rate on choice: a review

We review the nature of conditioned reinforcement, including evidence that conditioned reinforcers maintain choice behavior in concurrent schedules and that they elevate responding in the terminal links of concurrent‐chains schedules. A question has resurfaced recently: Do theories of choice in concurrent‐chains schedules need to include a term reflecting greater preference for higher rates of conditioned reinforcement? The review of several studies addressing this point suggests that such a term is inappropriate. Elevated rates of conditioned reinforcement (and responding) in the terminal links of concurrent‐chains schedules do not lead to greater preference in the initial link leading to the higher rate of conditioned reinforcement. If anything, the opposite preference is likely to occur. This result is not surprising, since the additional putative conditioned reinforcers in the terminal link are not correlated with a reduction in time to primary reinforcement nor with an increase in value.     

Valuing the future: a MADA example involving nuclear waste storage

Intertemporal decision making involves decisions that have consequences that span several periods of time and often extend far into the future. The purpose of this paper is to discuss and highlight the differences associated with different evaluation methods designed to cope with the long-term impacts of a decision including discounting. The concepts and ideas are illustrated in the context of a decision about a nuclear waste facility. We show how applying different discounting methodologies can greatly affect the decision made, especially over long time periods. © 1998 John Wiley & Sons, Ltd.