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Effects Of Reward Magnitude Frames On Measures Of Delay Discounting In A Hypothetical Money Scenario, Michael Harman, Tiffany Kodak, Todd Mckerchar

Research, Publications & Creative Work

The current study analyzed the effects of three frames of reward magnitude – quantity, volume, and duration – on the rate at which college students discounted hypothetical, delayed monetary rewards. Hypothetical scenarios were presented using the fill-in-the-blank discounting questionnaire and participants made choices between immediate and delayed hypothetical monetary rewards. Scenarios framed the monetary choices as (a) quantity of dollar bills, (b) height (inches) of a stack of dollar bills, and (c) duration of time spent in a hypothetical cash machine to collect dollar bills. For each scenario, participants’ subjective values were used to calculate the area under the curve …