1999
DOI: 10.1007/pl00005482
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Theory and method in the quantitative analysis of ”impulsive choice” behaviour: implications for psychopharmacology

Abstract: Impulsive choice refers to the selection of small immediate gains in preference to larger delayed gains, or the selection of large delayed penalties in preference to smaller immediate penalties. Current theoretical interpretations of impulsive choice are reviewed, and a synthesis of these ideas, the "multiplicative hyperbolic model of choice", is presented. The model assumes that the value of a positive reinforcer increases as a hyperbolic function of its size, and decreases as a hyperbolic function of its del… Show more

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Cited by 200 publications
(256 citation statements)
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“…As in previous experiments (Kheramin et al 2002(Kheramin et al , 2003(Kheramin et al , 2004 (Ho et al 1999), allows formal separation of the parameters that represent the rate of delay discounting and sensitivity to reinforcer magnitude (see below).…”
Section: Discussionmentioning
confidence: 99%
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“…As in previous experiments (Kheramin et al 2002(Kheramin et al , 2003(Kheramin et al , 2004 (Ho et al 1999), allows formal separation of the parameters that represent the rate of delay discounting and sensitivity to reinforcer magnitude (see below).…”
Section: Discussionmentioning
confidence: 99%
“…Models of inter-temporal choice that are based on the computation of hypothetical 'values' of reinforcers generally predict extreme preference for the more highly valued of two mutually exclusive reinforcers (see Herrnstein 1981;Ho et al 1999). This suggests that the ideal preference function should be a step function, %B falling precipitously from near 100% to near 0% around the point at which V A =V B .…”
Section: Discussionmentioning
confidence: 99%
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“…Thus, any observed differences in choice between Lewis and Fischer 344 rats may be due differential sensitivities to reinforcer delay and/or magnitude. Future studies and quantitative analyses may elucidate some of the mechanisms that underlie choice deemed "impulsive" and allow for a teasing apart of factors that influence such choice, e.g., sensitivity to reinforcer magnitude and delay (see Ho et al, 1999 andPitts andFebbo, 2004 for further discussions of quantitative analyses). Certainly, there are many operational definitions and paradigms to study impulsivity (cf.…”
Section: Discussionmentioning
confidence: 99%
“…To assess an individual's overall tendency to take a safer vs more risky choice, we plotted yB against yA and calculated a global area under the curve measure (AUCy) using the trapezoid method requiring all four indifference points; a smaller value indicating safer choice. Using AUCy gives weight to choices, in which wins are unlikely and is sensitive to how much the individual is willing to take a risk for a greater reward under conditions where both outcomes are uncertain (Ho et al, 1999).…”
Section: Gambling Taskmentioning
confidence: 99%