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In three experiments, pigeons chose between a small amount of food delivered after a short delay and a larger amount delivered after a longer delay. A discrete-trial adjusting-delay procedure was used to estimate indifference points--pairs of delay-amount combinations that were chosen about equally often. In Experiment 1, when additional reinforcers were available during intertrial intervals on a variable-interval schedule, preference for the smaller, more immediate reinforcer increased. Experiment 2 found that this shift in preference occurred partly because the variable-interval schedule started sooner after the smaller, more immediate reinforcer, but there was still a small shift in preference when the durations and temporal locations of the variable-interval schedules were identical for both alternatives. Experiment 3 found greater increases in preference for the smaller, more immediate reinforcer with a variable-interval 15-s schedule than with a variable-interval 90-s schedule. The results were generally consistent with a model that states that the impact of any event that follows a choice response declines according to a hyperbolic function with increasing time since the moment of choice.
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