The DOI matches its Crossref record; 7 of the 7 references it cites were found in a registry or an index.
Discounting of Monetary and Directly Consumable Rewards
Abstract
We compared temporal and probability discounting of a nonconsumable reward (money) and three directly consumable rewards (candy, soda, and beer). When rewards were delayed, monetary rewards were discounted less steeply than directly consumable rewards, all three of which were discounted at equivalent rates. When rewards were probabilistic, however, there was no difference between the discounting of monetary and directly consumable rewards. It has been reported that substance abusers discount delayed drug rewards more steeply than delayed money, but this difference may reflect special characteristics of drugs or drug abusers, or it may reflect a general property of consumable rewards. The present findings suggest that abused substances (like beer) share the properties of other directly consumable rewards, whereas delayed monetary rewards are special because they are fungible, generalized (conditioned) reinforcers.
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
A Discounting Framework for Choice With Delayed and Probabilistic Rewards.
Green, L., & Myerson, J. (2004) · Psychological Bulletin · doi:10.1037/0033-2909.130.5.769 · Cited by 1,676
Self-citationImpulsivity and cigarette smoking: delay discounting in current, never, and ex-smokers
Bickel, W. K., Odum, A. L., & Madden, G. J. (1999) · Psychopharmacology · doi:10.1007/pl00005490 · Cited by 1,433
SUBJECTIVE PROBABILITY AND DELAY
Rachlin, H., Raineri, A., & Cross, D. (1991) · Journal of the Experimental Analysis of Behavior · doi:10.1901/jeab.1991.55-233 · Cited by 1,341
Toward a behavioral economic understanding of drug dependence: delay discounting processes
Bickel, W. K., & Marsch, L. A. (2001) · Addiction · doi:10.1046/j.1360-0443.2001.961736.x · Cited by 1,117
Madden, G. J., Petry, N. M., Badger, G. J., & Bickel, W. K. (1997) · Experimental and Clinical Psychopharmacology · doi:10.1037/1064-1297.5.3.256 · Cited by 911
Petry, N. M. (2001) · Psychopharmacology · doi:10.1007/s002130000638 · Cited by 761
Impulsivity and rapid discounting of delayed hypothetical rewards in cocaine-dependent individuals.
Coffey, S. F., Gudleski, G. D., Saladin, M. E., & Brady, K. T. (2003) · Experimental and Clinical Psychopharmacology · doi:10.1037/1064-1297.11.1.18 · Cited by 625
Cited by
Nigg, J. T. (2017) · Journal of Child Psychology and Psychiatry · doi:10.1111/jcpp.12675 · Cited by 1,518
Personality Psychology and Economics
Almlund, M., Duckworth, A. L., Heckman, J., & Kautz, T. (2011) · Handbook of the Economics of Education · doi:10.1016/b978-0-444-53444-6.00001-8 · Cited by 1,204
The Economics and Psychology of Personality Traits
Borghans, L., Duckworth, A. L., Heckman, J. J., & ter Weel, B. (2008) · Journal of Human Resources · doi:10.1353/jhr.2008.0017 · Cited by 1,049
The economics and psychology of personality traits
L., B., A.L., D., J., H., & B.J., T. W. (2008) · Research Publications (Maastricht University) · doi:10.26481/umaror.2008001 · Cited by 960
Personality Psychology and Economics
Almlund, M., Duckworth, A. L., Heckman, J., & Kautz, T. (2011) · National Bureau of Economic Research · doi:10.3386/w16822 · Cited by 540
Metadata
- Authors
- Estle, S. J., Green, L., Myerson, J., & Holt, D. D.
- Venue
- Psychological Science
- Publisher
- SAGE Publications
- Published
- 2007-01
- Volume
- 18
- Issue
- 1
- Pages
- 58-63
- ISSN
- 0956-7976 (ISSN-L)
- 1467-9280
- OpenAlex
- W2121162035
- Cited by
- 328
- References
- 7
- FWCI
- 11.95
- Type
- journal article
- Language
- en
- Open access
- closed
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
How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: Discounting of Monetary and Directly Consumable Rewards. https://app.cochat.ai/papers/10.1111/j.1467-9280.2007.01849.x
- The paper
- Estle, S. J., Green, L., Myerson, J., & Holt, D. D. (2007). Discounting of Monetary and Directly Consumable Rewards. Psychological Science. https://doi.org/10.1111/j.1467-9280.2007.01849.x
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
