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Social Discounting

Authors :
Jones, Bryan
Rachlin, Howard
Source :
Psychological Science. April, 2006, Vol. 17 Issue 4, 283-286
Publication Year :
2006

Abstract

The amount of money a person was willing to forgo in order to give $75 to another person decreased as a hyperbolic function of the perceived social distance between them. Similar hyperbolic functions have previously been shown to describe both time and probability discounting.

Details

Language :
English
ISSN :
09567976
Volume :
17
Issue :
4
Database :
Gale General OneFile
Journal :
Psychological Science
Publication Type :
Academic Journal
Accession number :
edsgcl.151118467