Delay Discounting A monetary gains questionnaire was used to assess delay discounting rates for each participant.
A free parameter k was used to indicate the steepness of the discounting curve that corresponded with the geometric midpoint of the ranges (Kaplan, Amlung, Reed, Jarmolowicz, McKerchar, & Lemley, 2016).
The discounting rate can be calculated by applying the following hyperbolic -decay equation developed by Mazur (1987):
In Equation 1, [V.sub.d] is the present discounted value of a delayed reward (i.e., the indifference point), V is the objective value of the delayed reward, k is an empirically derived constant proportional to the degree of delay discounting (i.e., discounting rate), and d is delay duration.
"Unsyndicated Partial Interest Discounting." The Appraisal Journal (July 1997): 267-274.
"A Survey of Appraisers Regarding Factors in Discounting Partial Interests." The Appraisal Journal (October 1993): 603-607.
Future efforts by standard setters and other policy makers to expand
discounting as a measurement technique should meet the described conditions.
Given this debate, it is somewhat surprising to find that relatively little research has been devoted to studying the direct interaction between delay and probability discounting. Rachlin et al.
The results from the first two studies would seem to suggest that equivalency can be found between the two types of discounting, which would potentially allow for a unified interpretation.
When income and expenses are received and disbursed at the beginning of the particular frequency interval, only BOP
discounting would seem to apply.
The
discounting of "eligible" paper would be the primary policy tool with which to achieve this elasticity.
Despite being referred to by different labels, there has been some debate as to whether delay and probability
discounting might be one in the same, or at least similar to one another.
