Time matters less when outcomes differ: uni-modal versus cross-modal comparisons in intertemporal choice

Time matters less when outcomes differ: uni-modal versus cross-modal comparisons in intertemporal choice

Uni-modal intertemporal decisions involve comparing options of the same type (e.g. apples now versus apples later), and cross-modal decisions involve comparing options of different types (e.g. a car now versus a vacation later). As we explain, existing models of intertemporal choice do not allow tim...

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Bibliographic Details
Main Authors: Cubitt, Robin P., McDonald, Rebecca, Read, Daniel
Format: Article
Language:English
Published: INFORMS (Institute for Operations Research and Management Sciences) 2018
Online Access:https://eprints.nottingham.ac.uk/33412/

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