When is it adaptive to be patient? A general framework for evaluating delayed rewards.

Tim W Fawcett1, John M McNamara, Alasdair I Houston

  • 1School of Biological Sciences, University of Bristol, Woodland Road, Bristol BS8 1UG, UK. tim.fawcett@cantab.net

Behavioural Processes
|September 17, 2011
PubMed
Summary

Animal impulsiveness, or seeking immediate rewards, is not always irrational. Optimal behavior depends on factors like choice repetition and available opportunities, challenging standard self-control models.

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