Psychology Commons^™

Effects Of The Permutation Of Reinforcement Magnitude On Measures Of Delay Discounting In A Hypothetical Money Scenario, Michael James Harman

Theses and Dissertations

The current study analyzed the extent to which three common permutations of reinforcement magnitude – quantity, volume, and duration – affected the rate at which participants discounted hypothetical monetary rewards. College students served as participants. Hypothetical scenarios were presented using the Hypothetical Money Procedure (Kirby, 1996), and participants self-reported the subjective value of a delayed monetary reward. Conditions presented the monetary choices as (a) quantity of dollar bills, (b) heights (inches) of a stack of dollar bills, and (c) durations of time to spend in a hypothetical cash machine to collect dollar bills. For each condition, participants’ combined subjective values …