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Journal Article

Citation

Kaplan BA, Reed DD. Behav. Processes 2013; 97: 21-24.

Affiliation

University of Kansas.

Copyright

(Copyright © 2013, Elsevier Publishing)

DOI

10.1016/j.beproc.2013.04.001

PMID

23578770

Abstract

Recent research in the behavioral decision making literature has demonstrated that humans hyperbolically discount the subjective value of options as the number of options increases (Reed, Kaplan, & Brewer, 2012). These findings provide a cognitive-behavioral synthesis of the "choice overload" phenomenon, also known as the "paradox of choice." Specifically, these findings suggest that temporal discounting may serve as the underlying process contributing to this effect. As an extension, this study examined the effects of reward magnitude sizes had on rates temporal and options discounting. This manipulation was conducted to determine what role temporal discounting plays in discounting of options. The present results suggest that temporal discounting may not be the only process contributing to the choice overload effect.


Language: en

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