Related Experiment Video
Updated: Jul 18, 2026

07:47
Measuring Delay Discounting in Humans Using an Adjusting Amount Task
Published on: January 9, 2016
Humans can adopt optimal discounting strategy under real-time constraints
N Schweighofer1, K Shishida, C E Han
1Biokinesiology and Physical Therapy, University of Southern California, Los Angeles, United States of America. schweigh@usc.edu
Plos Computational Biology
|November 14, 2006
Summary
Humans may not always use hyperbolic discounting for rewards. This study shows that task constraints can lead to exponential discounting, maximizing gains in time-sensitive decisions.
Area of Science:
- Behavioral economics
- Decision-making science
- Neuroeconomics
Background:
- Daily choices involve trading immediate rewards for larger, delayed ones.
- Temporal discounting functions (exponential vs. hyperbolic) shape these decisions.
- Existing research shows human and animal preference for hyperbolic discounting.
Purpose of the Study:
- Investigate human reward discounting under specific temporal constraints.
- Examine how task demands influence discounting behavior.
- Determine if exponential discounting can be optimal in certain scenarios.
Main Methods:
- A reward decision task with time constraints was designed.
- Subject choices influenced remaining time for future trials.
- Reward delays were varied across individual trials.
Main Results:
- Most subjects exhibited exponential discounting behavior.
- Analytical confirmation showed exponential discounting maximized total reward gain.
- The observed decay rate aligned with optimal task performance.
Conclusions:
- Temporal discounting shape and steepness are task-dependent.
- Hyperbolic discounting may not be a universal principle.
- Behavioral adaptation optimizes reward acquisition in constrained environments.
Related Concept Videos
Timing and Consequences on Behavior
In operant conditioning, the timing of reinforcement is crucial. For animals like rats and cats, immediate reinforcement (within a few seconds) is much more effective than delayed reinforcement. For example, a food reward for a rat needs to follow within 30 seconds of pressing a bar to be effective.
Humans, however, can respond to delayed reinforcers. We often make decisions between immediate small rewards and delayed larger rewards. This ability to delay gratification is a significant factor...
Humans, however, can respond to delayed reinforcers. We often make decisions between immediate small rewards and delayed larger rewards. This ability to delay gratification is a significant factor...
Optimal Foraging
How animals obtain and eat their food is called foraging behavior. Foraging can include searching for plants and hunting for prey and depends on the species and environment.
Reason and Intuition
The human brain processes information for decision-making using one of two routes: an intuitive system and a rational system (Epstein, 1994; popularized by Kahneman, 2011 as System 1 and System 2, respectively). The intuitive system is quick, impulsive, and operates with minimal effort, relying on emotions or habits to provide cues for what to do next, while the rational system is logical, analytical, deliberate, and methodical. Research in neuropsychology suggests that the brain can only use...
Decision Making: Traditional Method
The process of hypothesis testing based on the traditional method includes calculating the critical value, testing the value of the test statistic using the sample data, and interpreting these values.
First, a specific claim about the population parameter is decided based on the research question and is stated in a simple form. Further, an opposing statement to this claim is also stated. These statements can act as null and alternative hypotheses, out of which a null hypothesis would be a...
First, a specific claim about the population parameter is decided based on the research question and is stated in a simple form. Further, an opposing statement to this claim is also stated. These statements can act as null and alternative hypotheses, out of which a null hypothesis would be a...
Decision Making: P-value Method
The process of hypothesis testing based on the P-value method includes calculating the P- value using the sample data and interpreting it.
First, a specific claim about the population parameter is proposed. The claim is based on the research question and is stated in a simple form. Further, an opposing statement to the claim is also stated. These statements can act as null and alternative hypotheses: a null hypothesis would be a neutral statement while the alternative hypothesis can have a...
First, a specific claim about the population parameter is proposed. The claim is based on the research question and is stated in a simple form. Further, an opposing statement to the claim is also stated. These statements can act as null and alternative hypotheses: a null hypothesis would be a neutral statement while the alternative hypothesis can have a...
Decision Making
Decision-making is a fundamental cognitive process that involves evaluating alternatives and selecting among them. This process can range from simple choices, such as deciding what to wear, to complex decisions, like choosing a major in college or a career path. The complexity of the decision often dictates the approach we use, which can be broadly categorized into two types: automatic and controlled decision-making.
Automatic decision-making is fast, intuitive, and relies on gut feelings...
Automatic decision-making is fast, intuitive, and relies on gut feelings...

