decision errors can explain or be highly correlated with hyperbolic discounting and non-linear (inverse-S-shaped) probability … weighting. We find evidence that decision errors are strongly correlated with hyperbolic discounting but do not find that …

of the relationship between decision utility, the survival function, and the discounting function, where decision utility … exponential function appears to be a simple functional form of the resulting discounting function. Solutions obtained using more … discounting function. The paper shows that the relationship may also have other forms, including the hyperbolic functions …