Comparing Delay Discounting Rates When Using the Fill-in-the-Blank and Multiple-Choice Methods
Bibliographic Data
| ID | 10122285 |
|---|---|
| Authors | Jeffrey N Weatherly (0000-0003-1487-8220, University of North Dakota, corresponding author), Adam Derenne (0000-0001-6023-486X, University of North Dakota) |
| Year | 2011 |
| Volume | 138 |
| Issue | 4 |
| Pages | 300-318 |
| Publication date | 2011-10-01 |
| Open Access | No |
| Type | ARTICLE |
| Venue | The Journal of General Psychology (JOURNAL) |
| Journal identifiers | ISSN: 0022-1309 • E-ISSN: 1940-0888 |
| Publisher | Taylor & Francis (PUBLISHER • GB) |
| DOI | 10.1080/00221309.2011.606442 |
| PMID | 24836568 |
| OpenAlex | W2129474214 |
| Language | EN |
| Citations received | 6 |
| References cited | 17 |
Several methods have been devised to measure delay discounting. The present study recruited university students to complete a delay-discounting task involving five different outcomes (finding a dating partner, free cigarettes, winning $100,000, being owed $100,000, and obtaining one's ideal body image) that was administered using either the fill-in-the blank (FITB) or multiple-choice (MC) method. Results showed that the different administration methods sometimes produced significantly different rates of discounting, the direction of which differed by outcome. Hyperbolic discounting and the area under the discounting curve were nearly always significantly correlated when the FITB method was used but were never significantly correlated when the MC method was used. Discounting across the five outcomes produced a two-factor solution when the FITB data were factor analyzed. The MC data were described by a one-factor solution. The present results illustrate that procedural variables have a potentially profound impact on delay-discounting data, and generalizing from studies on delay discounting should be done with caution until those variables are fully understood
Blank · Delay discounting · Discounting · Econometrics · Economics · Mathematical economics · Outcome (game theory · Statistics · Task (project management · Behavioral Health and Interventions · Decision-Making and Behavioral Economics · Economic and Environmental Valuation · Engineering · Mathematics · Psychology
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| Citations per year | 0.43 |
|---|---|
| Citation span | 2012 - 2022 (11) |
| Highly cited | No |