Cited by 1,165Decision-Making and Behavioral EconomicsNeural and Behavioral Psychology StudiesFinancial Literacy, Pension, Retirement Analysis

The DOI matches its Crossref record; 19 of the 19 references it cites were found in a registry or an index.

Discounting of Delayed Rewards: A Life-Span Comparison

Green, Leonard, Fry, Astrid F, Myerson, Joel·1994·Psychological Science

Abstract

In this study, children, young adults, and older adults chose between immediate and delayed hypothetical monetary rewards The amount of the delayed reward was held constant while its delay was varied All three age groups showed delay discounting, that is, the amount of an immediate reward judged to be of equal value to the delayed reward decreased as a function of delay The rate of discounting was highest for children and lowest for older adults, predicting a life-span developmental trend toward increased self-control Discounting of delayed rewards by all three age groups was well described by a single function with age-sensitive parameters (all R 2 s > 94) Thus, even though there are quantitative age differences in delay discounting, the existence of an age-invariant form of discount function suggests that the process of choosing between rewards of different amounts and delays is qualitatively similar across the life span

Overview

Integrity signals

Registry

Crossref · 10.1111/j.1467-9280.1994.tb00610.x

Cites

19 of 19 references verified0 citation errors · 0 not checkable

Statistics

Recomputing p-values needs the paper’s full text.

Verification

Claims the paper makes

This paper’s full text isn’t openly available, so its claims and self-check weren’t run. The registry and citation checks still apply.

Claims other papers make about this one

Each is checked against this paper’s own text: does it say what the citing paper says it does?

Citations

Cites

Show all 19 references

Research works printed but not linked: 3

  1. Green L Fisher E.B., 1981, Behaviour Analysis Letters, 1, 43
  2. Mazur J.E., 1987, Quantitative analyses of behavior Vol 5 The effect of delay and of in tervening events on reinforcement value, 55
  3. Rachlin H., 1989, Judgment decision and choice

Cited by

Sorted by citations

Items 201–300 of 998

Metadata

Authors
Green, L., Fry, A. F., & Myerson, J.
Affiliations
Washington University in St. Louis (US)
Venue
Psychological Science
Published
1994-01
Volume
5
Issue
1
Pages
33-36
ISSN
  • 0956-7976 (ISSN-L)
  • 1467-9280
OpenAlex
W2131954887
Cited by
1,165
References
19
Citations by year
2026: 19 · 2025: 40 · 2024: 28 · 2023: 32 · 2022: 34 · 2021: 51 · 2020: 90 · 2019: 42 · 2018: 53 · 2017: 54 · 2016: 61 · 2015: 65 · 2014: 55 · 2013: 46 · 2012: 62
FWCI
28.67
Type
journal article
Language
en
Open access
closed
Locations
Psychological Science (publishedVersion)
Topics
  • Social Sciences › Decision Sciences › General Decision Sciences › Decision-Making and Behavioral Economics
  • Life Sciences › Neuroscience › Cognitive Neuroscience › Neural and Behavioral Psychology Studies
  • Social Sciences › Economics, Econometrics and Finance › Finance › Financial Literacy, Pension, Retirement Analysis
Keywords
delay discounting, delayed rewards, lifespan development, self-control, age differences, children, young adults, older adults, monetary rewards

About these checks

Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.

Statistics and arithmetic are recomputed, not judged.

Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.

What counts as a claim ›How we measure confidence ›How we check this ›

Are you an author, or do you see a problem with this page? Request a review