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Related Experiment Video

Updated: Aug 30, 2025

Measuring Delay Discounting in Humans Using an Adjusting Amount Task

Measuring Delay Discounting in Humans Using an Adjusting Amount Task

Published on: January 9, 2016

Commodity discounting: Obstacles and solutions.

Matthew L Locey¹, Natalie R Buddiga¹, Laura Barcelos Nomicos¹

¹Department of Psychology.

Psychology of Addictive Behaviors : Journal of the Society of Psychologists in Addictive Behaviors

|September 1, 2022

Summary

This summary is machine-generated.

This study addresses challenges in assessing impulsive choices for nonmonetary rewards, like food or drugs. It proposes solutions for accurate commodity discounting tasks to better understand addictive behaviors.

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Last Updated: Aug 30, 2025

Measuring Delay Discounting in Humans Using an Adjusting Amount Task

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Published on: January 9, 2016

Errors as a Means of Reducing Impulsive Food Choice

Errors as a Means of Reducing Impulsive Food Choice

Published on: June 5, 2016

The Joint Effect of Social Comparison and Social Distance on Evaluation of Intertemporal Choice Outcomes in Event-related Potential Studies

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Published on: August 25, 2023

Area of Science:

Behavioral Economics
Addiction Science
Decision Making

Background:

Addictive behaviors are characterized by impulsive choices.
Discount functions model behavioral choices, but monetary tasks have limitations for real-world consequences.
Impulsive choices often involve nonmonetary commodities like food, alcohol, and drugs.

Purpose of the Study:

To develop effective commodity discounting tasks for assessing choices involving real-world commodities.
To evaluate how delay and other variables influence choices for meaningful nonmonetary goods.

Main Methods:

Identified specific obstacles in nonmonetary commodity discounting.
Evaluated potential solutions for each identified obstacle.

Main Results:

Obstacles include: real vs. hypothetical commodities, framing effects, indivisibility, diminishing marginal utility, and economic context variations.
Solutions involve assessing experiences, standardizing wording, using whole commodities, modeling marginal utility, and controlling economic factors.

Conclusions:

Effective solutions are presented for key obstacles in nonmonetary commodity discounting.
These advancements are critical for accurately assessing choices related to addictive substances and behaviors.