Title

Social Discounting

Publication Title

Psychological Science

Publication Date

4-2006

Document Type

Article

DOI

10.1111/J.1467-9280.2006.01699.X

Keywords

Discounting, Crossovers, Social distance, Self control, Social psychology, Psychology, Hyperbolic functions, Exponential functions

Disciplines

Behavioral Economics | Experimental Analysis of Behavior | Psychology

Abstract

The amount of money a person was willing to forgo in order to give $75 to another person decreased as a hyperbolic function of the perceived social distance between them. Similar hyperbolic functions have previously been shown to describe both time and probability discounting.

Publisher

Sage

Publisher Location

Thousand Oaks, CA


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