Asymmetric Discounting in Intertemporal Choice

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Citation: E.U. Weber, E.J. Johnson, K.F. Milch, H. Chang, J.C. Brodscholl and D.G. Goldstein (June 1, 2007) Asymmetric Discounting in Intertemporal Choice. Psychological Science (RSS)
DOI (original publisher): 10.1111/j.1467-9280.2007.01932.x
Semantic Scholar (metadata): 10.1111/j.1467-9280.2007.01932.x
Sci-Hub (fulltext): 10.1111/j.1467-9280.2007.01932.x
Internet Archive Scholar (search for fulltext): Asymmetric Discounting in Intertemporal Choice
Tagged: Psychology (RSS) Intertemporal Choice (RSS), Discounting (RSS)

Theoretical and Practical Relevance

This experiment shows that thought listing can reduce excessive impatience which plays a large role in health, environmental, and financial decisions. The applications are so vast that it would be difficult to enumerate.

The research here was mentioned in the New York Times Magazine special on the research lab.