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 …

show that the assumption of positive discounting is not always true. The presented experimental study shows how a decrease … in probability increases the chances of negative discounting. According to the results, the expected large, uncertain … profit is more likely to be deferred over time than a certain profit of the same value. On the other hand, the expected large …

Loss aversion postulates that people prefer avoiding losses over acquiring gains of equal size. It is a central part of … economics. However, because the reference point is often not well defined and loss aversion interacts with other behavioral …

Loss aversion postulates that people prefer avoiding losses over acquiring gains of equal size. It is a central part of … economics. However, because the reference point is often not well defined and loss aversion interacts with other behavioral …

preference reversals arecommonly interpreted as contradicting constant discounting. This interpretation is correctonly if … baseline consumption to which the outcomes are added, remains constant over time.The difficulty with measuring discounting when … discounted. In this paper we propose a way to disentangle thetwo effects, which allows us to draw conclusions about discounting …