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Direct linkMyerson, Joel; Green, Leonard; Morris, Joshua – Journal of the Experimental Analysis of Behavior, 2011
The present study with college students examined the effect of amount on the discounting of probabilistic monetary rewards. A hyperboloid function accurately described the discounting of hypothetical rewards ranging in amount from $20 to $10,000,000. The degree of discounting increased continuously with amount of probabilistic reward. This effect…
Descriptors: Rewards, Probability, College Students, Prediction
