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Intertemporal choice (Future Lock-in: future implementation increases…
Intertemporal choice
Future Lock-in: future implementation increases selection of should-choices
future lock-in
binds people to should choices
more succesful if cog. resources are high
commitment device (lock at fridge)
need for awareness of self-restraint
Studies
should vs want
construal level and self-control
construal
low
local
subordiante
incidental
concrete
specific
high
global
abstract
sperordinate/central
broader
psychological distance
Studies
Why vs How
(1)preference for DG
(2)physical endurance
(3)super or subordinate categories
(category label vs exemplar task)
intentions to exhibit actions requiring self-control
Studies
Discounting rewards: a life span comparison
competing hypotheses concerning age groups
children: high impulsivity, thus low DG
old adults: greater risk of not surviving until a DG is redeemed
2 (fixed delayed rewards) x 8(delays)
adults are increasingly more sensitive to differences betwen larger delays, children to smaller delays
DG ability increases throughout life
etraneous factors in judicial decisions
accept vs reject request
mental depletion?
ordinal positon of the ruling plays a role
replenishment
toward an integrative framework
DU vs hyperbolic time discounting
DU: exponential discounting according to how delayed losses and gains are
hyperbolic discounting: more rapid in short run
relative activation of PFC vs dopamine predict time-delayed choices significantly
other dimensions
self-control
preference reversal
which is a weakness of DU
dynamic inconsistency
representation/framing
days vs dates
attention to the time delay --> steeper time discounting
sequences of outcomes (Restaurant vs home eating)
anticipation of aversive outcomes