2019
DOI: 10.1002/jeab.515
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Delay discounting in the pigeon: In search of a magnitude effect

Abstract: The magnitude effect, where larger outcomes are discounted proportionally less than smaller outcomes, is a well‐established phenomenon in delay discounting by human participants. To this point in the literature magnitude effects have not been reliably evidenced in nonhuman animals. , however, used a concurrent‐chains arrangement with pigeon and found evidence for a magnitude effect. Grace et al. suggested that in many delay discounting experimental arrangements with nonhuman animals (e.g., adjusting amount, ad… Show more

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Cited by 5 publications
(2 citation statements)
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References 57 publications
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“…The magnitude effect is only observed in humans, but not in other animals, suggestive of requiring higher‐order cognitive alteration of the discount rates (Green & Myerson, ; Green, Myerson, Holt, Slevin, & Estle, ; Holt & Wolf, ; Jimura, Myerson, Hilgard, Braver, & Green, ), and is more prominent in the domain of gains rather than losses (Estle, Green, Myerson, & Holt, ; Jimura et al, ; Mitchell & Wilson, ). The magnitude effect should not be attributed to sloppiness or to lack of deliberation when deciding for small rewards, as the magnitude effect is more pronounced when participants discount small and large amounts in short succession compared with when they evaluate these payoffs separately (Frederick & Read, ).…”
Section: Introductionmentioning
confidence: 99%
“…The magnitude effect is only observed in humans, but not in other animals, suggestive of requiring higher‐order cognitive alteration of the discount rates (Green & Myerson, ; Green, Myerson, Holt, Slevin, & Estle, ; Holt & Wolf, ; Jimura, Myerson, Hilgard, Braver, & Green, ), and is more prominent in the domain of gains rather than losses (Estle, Green, Myerson, & Holt, ; Jimura et al, ; Mitchell & Wilson, ). The magnitude effect should not be attributed to sloppiness or to lack of deliberation when deciding for small rewards, as the magnitude effect is more pronounced when participants discount small and large amounts in short succession compared with when they evaluate these payoffs separately (Frederick & Read, ).…”
Section: Introductionmentioning
confidence: 99%
“…Since then, there has been considerable research published on “self-control” with children and other animals. Several factors have been studied that affect the degree to which a more preferred reinforcer available later (larger-later [LL]) is preferred over a less preferred reinforcer available sooner (smaller-sooner [SS]), including the value of each reinforcer (Ballard et al, 2017; Holt & Wolf, 2019), the delay to receive each of the reinforcers (Ainslie, 1974; Miller & Karniol, 1976; Mischel et al, 1989; Rachlin & Green, 1972), and the subjective value of each of the reinforcers (Gailliot, 2013; Ostaszewski et al, 2003; Read & van Leeuwen, 1998).…”
mentioning
confidence: 99%