
doi: 10.1002/jeab.614
pmid: 32613631
Choosing a larger–later reward over a smaller–sooner reward may be thought of as altruism toward one's future self. A question that arises in this connection is: What is the relation between delay and social discounting? To begin to answer this question, social and delay discount functions need to be comparable. Delay is ordinarily measured on a ratio scale (time), which allows for meaningful division and addition. Social distance is ordinarily measured on an ordinal scale (rank order of social closeness). To convert social distance to a ratio scale we use a psychophysical distance function obtained via magnitude estimation (Stevens, 1956). The distance functions obtained are well described by a power function (median exponent = 1.9); we show how they may be used to rescale ordinal to ratio social discount functions.
Adult, Male, Delay Discounting, Social Isolation, Social Perception, Humans, Female, Models, Psychological, Altruism, Probability
Adult, Male, Delay Discounting, Social Isolation, Social Perception, Humans, Female, Models, Psychological, Altruism, Probability
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