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Good or Bad, We Want it Now: Fixed-Cost Present Bias for Gains and Losses Explains Magnitude Asymmetries in Intertemporal Choice
16 references·16 citing·36 second hopsampled
Good or Bad, We Want it Now: Fixed-Cost Present Bias for Gains and Losses Explains Magnitude Asymmetries in Intertemporal Choice (2012)Good or Bad, We Want it Now: Fixed-Cost P…Instructional manipulation checks: Detecting satisficing to increase statistical power (2009)Instructional manipulation ch…Blackwell Handbook of Judgment and Decision Making (2004)Blackwell Handbook of Judgmen…Delay discounting in current and never-before cigarette smokers: Similarities and differences across commodity, sign, and magnitude. (2003)Delay discounting in current …WITHIN‐SUBJECT COMPARISON OF REAL AND HYPOTHETICAL MONEY REWARDS IN DELAY DISCOUNTING (2002)WITHIN‐SUBJECT COMPARISON OF …Time Discounting and Time Preference: A Critical Review (2002)Time Discounting and Time Pre…Doing It Now or Later (1999)Doing It Now or LaterGolden Eggs and Hyperbolic Discounting (1997)Golden Eggs and Hyperbolic Di…Bidding on the future: Evidence against normative discounting of delayed rewards. (1997)Bidding on the future: Eviden…Delay-discounting probabilistic rewards: Rates decrease as amounts increase (1996)Delay-discounting probabilist…Anomalies in Intertemporal Choice: Evidence and an Interpretation (1992)Anomalies in Intertemporal Ch…Time-inconsistent Preferences and Consumer Self-Control (1991)Time-inconsistent Preferences…Anomalies: Intertemporal Choice (1989)Anomalies: Intertemporal Choi…Anticipation and the Valuation of Delayed Consumption (1987)Anticipation and the Valuatio…An adjusting procedure for studying delayed reinforcement. (1987)An adjusting procedure for st…Some empirical evidence on dynamic inconsistency (1981)Some empirical evidence on dy…A Note on Measurement of Utility (1937)A Note on Measurement of Util…Rationally inattentive intertemporal choice (2020)Rationally inattentive intert…Impatience and Savoring vs. Dread: Asymmetries in Anticipation Explain Consumer Time Preferences for Positive vs. Negative Events (2020)Impatience and Savoring vs. D…Choice patterns reveal qualitative individual differences among discounting of delayed gains, delayed losses, and probabilistic losses (2020)Choice patterns reveal qualit…Big tech and societal sustainability: an ethical framework (2020)Big tech and societal sustain…The Cambridge Handbook of Psychology and Economic Behaviour (2018)The Cambridge Handbook of Psy…Temporal discounting of gains and losses of time: An experimental investigation (2018)Temporal discounting of gains…Future‐Oriented Decisions: Intertemporal Choice (2017)Future‐Oriented Decisions: In…Individual Differences in Delay Discounting: Differences are Quantitative with Gains, but Qualitative with Losses (2016)Individual Differences in Del…Curiosity and reward: Valence predicts choice and information prediction errors enhance learning. (2016)Curiosity and reward: Valence…Pain Now or Later: An Outgrowth Account of Pain-Minimization (2015)Pain Now or Later: An Outgrow…Intertemporal Similarity: Discounting as a Last Resort (2015)Intertemporal Similarity: Dis…Theoretical Lenses for Understanding the CSR–Consumer Paradox (2014)Theoretical Lenses for Unders…Rationalizing Decision-Making: Understanding the Cost and Perception of Time (2014)Rationalizing Decision-Making…A general theory of intertemporal decision-making and the perception of time (2014)A general theory of intertemp…The future is risky: Discounting of delayed and uncertain outcomes (2012)The future is risky: Discount…How Time Preferences Differ: Evidence from 45 Countries (2009)How Time Preferences Differ: …Prospect Theory: An Analysis of Decision under Risk (1979)Toward a positive theory of consumer choice (1980)Prospect theory: An analysis of decision under risk (1988)Investor Psychology and Asset Pricing (2001)Temporal construal. (2003)Myopia and Inconsistency in Dynamic Utility Maximization (1973)Life Cycle, Individual Thrift, and the Wealth of Nations (1986)Norm theory: Comparing reality to its alternatives. (1986)When and Why Incentives (Don't) Work to Modify Behavior (2011)A Theory of Rational Addiction (1988)Anomalies: The Endowment Effect, Loss Aversion, and Status Quo Bias (1991)Discrete Choice Methods with Simulation (2001)A Model of Reference-Dependent Preferences (2006)Specious reward: A behavioral theory of impulsiveness and impulse control. (1975)Implications of rational inattention (2003)Does Culture Affect Economic Outcomes? (2006)Loss Aversion in Riskless Choice: A Reference-Dependent Model (1991)Field Experiments (2004)Cognitive Reflection and Decision Making (2005)Psychology and Economics: Evidence from the Field (2009)The Principles of Psychology (1891)A Theory of Social Comparison Processes (1954)The psychology of curiosity: A review and reinterpretation. (1994)Impulse and Self-Control From a Dual-Systems Perspective (2009)Mental Accounting and Consumer Choice (1985)Are Emily and Greg More Employable Than Lakisha and Jamal? A Field Experiment on Labor Market Discrimination (2004)Investigating Variation in Replicability (2014)Methods for the detection of carelessly invalid responses in survey data (2015)Marketing survey research best practices: evidence and recommendations from a review of JAMS articles (2017)Pathological gambling severity is associated with impulsivity in a delay discounting procedure (2003)Why be nice? Psychological constraints on the evolution of cooperation (2003)Pathological gambling: Etiology, comorbidity, and treatment. (2005)Handbook of Emotions (1993)The Handbook of Economic Sociology (1994)The Economics and Psychology of Personality Traits (2008)Construal-level theory of psychological distance. (2010)
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References

  • 2002Time Discounting and Time Preference: A Critical Review6,395 cited
  • 1997Golden Eggs and Hyperbolic Discounting6,117 cited
  • 2009Instructional manipulation checks: Detecting satisficing to increase statistical power3,489 cited
  • 1999Doing It Now or Later3,127 cited
  • 1992Anomalies in Intertemporal Choice: Evidence and an Interpretation2,305 cited
  • 1981Some empirical evidence on dynamic inconsistency2,253 cited
  • 1937A Note on Measurement of Utility2,177 cited
  • 1987An adjusting procedure for studying delayed reinforcement.1,860 cited
  • 1991Time-inconsistent Preferences and Consumer Self-Control1,370 cited
  • 1987Anticipation and the Valuation of Delayed Consumption1,330 cited
  • 2002WITHIN‐SUBJECT COMPARISON OF REAL AND HYPOTHETICAL MONEY REWARDS IN DELAY DISCOUNTING988 cited
  • 2004Blackwell Handbook of Judgment and Decision Making961 cited
  • 1996Delay-discounting probabilistic rewards: Rates decrease as amounts increase916 cited
  • 1989Anomalies: Intertemporal Choice863 cited
  • 1997Bidding on the future: Evidence against normative discounting of delayed rewards.750 cited

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2003
Delay discounting in current and never-before cigarette smokers: Similarities and differences across commodity, sign, and magnitude.
600 cited

Cited by

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  • 2020Impatience and Savoring vs. Dread: Asymmetries in Anticipation Explain Consumer Time Preferences for Positive vs. Negative Events71 cited
  • 2009How Time Preferences Differ: Evidence from 45 Countries68 cited
  • 2020Rationally inattentive intertemporal choice66 cited
  • 2016Individual Differences in Delay Discounting: Differences are Quantitative with Gains, but Qualitative with Losses56 cited
  • 2014A general theory of intertemporal decision-making and the perception of time55 cited
  • 2014Theoretical Lenses for Understanding the CSR–Consumer Paradox53 cited
  • 2015Intertemporal Similarity: Discounting as a Last Resort44 cited
  • 2017Future‐Oriented Decisions: Intertemporal Choice42 cited
  • 2020Big tech and societal sustainability: an ethical framework39 cited
  • 2018The Cambridge Handbook of Psychology and Economic Behaviour36 cited
  • 2012The future is risky: Discounting of delayed and uncertain outcomes35 cited
  • 2014Rationalizing Decision-Making: Understanding the Cost and Perception of Time27 cited
  • 2018Temporal discounting of gains and losses of time: An experimental investigation26 cited
  • 2015Pain Now or Later: An Outgrowth Account of Pain-Minimization20 cited
  • 2020Choice patterns reveal qualitative individual differences among discounting of delayed gains, delayed losses, and probabilistic losses19 cited