Transactional problem content in cost discounting: parallel effects for probability and delay.

  title={Transactional problem content in cost discounting: parallel effects for probability and delay.},
  author={S. Jones and M. Oaksford},
  journal={Journal of experimental psychology. Learning, memory, and cognition},
  volume={37 3},
  • S. Jones, M. Oaksford
  • Published 2011
  • Psychology, Medicine
  • Journal of experimental psychology. Learning, memory, and cognition
  • Four experiments investigated the effects of transactional content on temporal and probabilistic discounting of costs. Kusev, van Schaik, Ayton, Dent, and Chater (2009) have shown that content other than gambles can alter decision-making behavior even when associated value and probabilities are held constant. Transactions were hypothesized to lead to similar effects because the cost to a purchaser always has a linked gain, the purchased commodity. Gain amount has opposite effects on delay and… CONTINUE READING
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