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Green, Leonard; Myerson, Joel – Journal of the Experimental Analysis of Behavior, 2013
People discount the value of delayed and uncertain outcomes, and how steeply individuals discount is thought to reflect how impulsive they are. From this perspective, steep discounting of delayed outcomes (which fails to maximize long-term welfare) and shallow discounting of probabilistic outcomes (which fails to adequately take risk into account)…
Descriptors: Delay of Gratification, Conceptual Tempo, Probability, Rewards
Thorne, David R. – Journal of the Experimental Analysis of Behavior, 2010
Various theoretical equations have been proposed to predict response rate as a function of the rate of reinforcement. If both the rate and probability of reinforcement are considered, a simple identity, defining equation, or "law" holds. This identity places algebraic constraints on the allowable forms of our mathematical models and can help…
Descriptors: Behavioral Science Research, Economics, Responses, Reinforcement
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Garcia, Andres; Benjumea, Santiago – Journal of the Experimental Analysis of Behavior, 2006
In Experiment 1, 10 pigeons were exposed to a successive symbolic matching-to-sample procedure in which the sample was generated by the pigeons' own behavior. Each trial began with both response keys illuminated white, one being the "correct" key and the other the "incorrect" key. The pigeons had no way of discriminating which key was correct and…
Descriptors: Probability, Animals, Animal Behavior, Behavioral Science Research