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Can the concept of behavioural mass help explain nonconstant time discounting?

Published online by Cambridge University Press:  28 September 2001

Daniel Read
Daniel Read
Affiliation:
Center for Decision Research, Leeds University Business School, University of Leeds, Leeds, United Kingdom, LS2 9JT dr@lubs.leeds.ac.uk
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Abstract

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The concept of behavioural mass provides one avenue for justifying (or making rational) the phenomenon of declining impatience, according to which decision makers put more value on delays that will occur in the near future than on those that will occur later.

Information

Type
Brief Report
Information
Behavioral and Brain Sciences , Volume 23 , Issue 1 , February 2000, pp. 111
Copyright
© 2000 Cambridge University Press