dc.contributor.author | Berns, Gregory S. | |
dc.contributor.author | Laibson, David I. | |
dc.contributor.author | Loewenstein, George | |
dc.date.accessioned | 2010-11-15T18:38:15Z | |
dc.date.issued | 2007 | |
dc.identifier.citation | Berns, Gregory S., David Laibson, and George Loewenstein. 2007. Intertemporal choice--toward an integrative framework. Trends in Cognitive Sciences 11(11): 482-488. | en_US |
dc.identifier.issn | 1364-6613 | en_US |
dc.identifier.issn | 1879-307X | en_US |
dc.identifier.uri | http://nrs.harvard.edu/urn-3:HUL.InstRepos:4554332 | |
dc.description.abstract | Intertemporal choices are decisions with consequences that play out over time. These choices range from the prosaic–-how much food to eat at a meal– to life--changing decisions about education, marriage, fertility, health behaviors and savings. Intertemporal preferences also affect policy debates about long-run challenges, such as global warming. Historically, it was assumed that delayed rewards were discounted at a constant rate over time. Recent theoretical and empirical advances from economic, psychological and neuroscience perspectives, however, have revealed a more complex account of how individuals make intertemporal decisions. We review and integrate these advances. We emphasize three different, occasionally competing, mechanisms that are implemented in the brain: representation, anticipation and self-control. | en_US |
dc.description.sponsorship | Economics | en_US |
dc.language.iso | en_US | en_US |
dc.publisher | Elsevier | en_US |
dc.relation.isversionof | doi:10.1016/j.tics.2007.08.011 | en_US |
dash.license | LAA | |
dc.title | Intertemporal Choice - Toward an Integrative Framework | en_US |
dc.type | Journal Article | en_US |
dc.description.version | Accepted Manuscript | en_US |
dc.relation.journal | Trends in Cognitive Sciences | en_US |
dash.depositing.author | Laibson, David I. | |
dc.date.available | 2010-11-15T18:38:15Z | |
dc.identifier.doi | 10.1016/j.tics.2007.08.011 | * |
dash.contributor.affiliated | Laibson, David | |