Exploring the Concept of Utility: Are Separate Value Functions required for Risky and Inter-temporal Choice?

@inproceedings{Luckman2015ExploringTC,
  title={Exploring the Concept of Utility: Are Separate Value Functions required for Risky and Inter-temporal Choice?},
  author={Ash Luckman and Christopher Donkin and Ben R. Newell},
  booktitle={CogSci},
  year={2015}
}
Utility based models are common in both the risky and intertemporal choice literatures. Recently there have been efforts to formulate models of choices which involve both risks and time delays. An important question then is whether the concept of utility is the same for risky and inter-temporal choices. We address this question by fitting versions of two… CONTINUE READING