Area under the curve as a measure of discounting
Area under the curve as a measure of discounting
复制标题
DOI：
10.1901/jeab.2001.76-235
复制
发表时间：
2001-09-01
影响因子：
2.7
通讯作者：
Warusawitharana, M
中科院分区：
文献类型：
--
作者：
Myerson, J;Green, L;Warusawitharana, M
我们描述了一种基于计算经验折现函数下的面积来测量折现的新方法。这种方法避免了与基于理论贴现函数参数估计的度量相关的一些问题。对于使用任何一种当前延迟和概率贴现程序收集的个人和群体数据，面积度量都可以很容易地计算出来。目前的方法并不打算作为理论贴现模型的替代品，然而，它是有用的，有一个简单的，单变量的衡量折扣，不绑定到任何具体的理论框架。
We describe a novel approach to the measurement of discounting based on calculating the area under the empirical discounting function. This approach avoids some of the problems associated with measures based on estimates of the parameters of theoretical discounting functions, The area measure may be easily calculated for both individual and group data collected using any of a variety of current delay and probability discounting procedures. The present approach is not intended as a substitute for theoretical discounting models, It is useful, however, to have a simple, univariate measure of discounting that is not tied to any specific theoretical framework.