One-year temporal stability of delay-discount rates

Kirby, Kris N.

doi:10.3758/pbr.16.3.457

Cited by 487Decision-Making and Behavioral EconomicsNeural and Behavioral Psychology StudiesExperimental Behavioral Economics Studies

One-year temporal stability of delay-discount rates

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Kirby, Kris N.·2009·Psychonomic Bulletin & Review

DOI 10.3758/pbr.16.3.457

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Abstract

The temporal stability of delay-discount rates for monetary rewards was assessed using a monetary choice questionnaire (Kirby & Marakovic, 1996). Of 100 undergraduate participants who completed the questionnaire at the initial session, 81 returned 5 weeks later and 46 returned 57 weeks later for subsequent sessions. The 5-week test-retest stability of discount rates was .77 (95% confidence interval = .67-.85), the 1-year stability was .71 (.50-.84), and the 57-week stability was .63 (.41-.77). Thus, at least when similar testing situations are reinstated, discount rates as individual differences have 1-year stabilities in the range that is typically obtained for personality traits. Discount rates index an attribute of the person that is relatively stable over time but that is moderated by aspects of the situation, such as reward type and deprivational state.

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Delay discounting is a stable measure of trait impulsivity.
“and is a stable measure of trait impulsivity (23).”
From Understanding heterogeneity in clinical cohorts using normative models: Beyond case-control studies (2016) · cites this paper as [23]
The extent to which a person discounts delayed outcomes is trait-like, remaining stable across time and across situations that are functionally similar.
“The degree to which an individual discounts delayed events appears trait-like in that it is stable over time and across functionally similar situations.”
From Changing Delay Discounting and Impulsive Choice: Implications for Addictions, Prevention, and Human Health (2019) · cites this paper as Kirby, 2009
Individuals who steeply discount at initial assessment continue to be ranked at the steep end of the participant pool at retest.
“That is, those individuals who demonstrate steep discounting at the initial assessment continue to be ranked at the steep end of the participant pool at the retest.”
From Changing Delay Discounting and Impulsive Choice: Implications for Addictions, Prevention, and Human Health (2019) · cites this paper as Kirby, 2009
The rank-order correlation of discounting rates is comparable to that of other psychological traits across test-retest intervals from 3 months to 4 years.
“the rank-order correlation of these discounting rates is comparable to other psychological traits across the 3-month to 4-year range of test-retest intervals explored thus far”
From Changing Delay Discounting and Impulsive Choice: Implications for Addictions, Prevention, and Human Health (2019) · cites this paper as Kirby, 2009
Experimentally measured discounting rates using hypothetical tasks show good temporal stability, suggesting they reflect a relatively stable individual difference.
“Experimentally measured discounting rates using hypothetical tasks show good temporal stability (Audrain-McGovern et al, 2009; Beck and Triplett, 2009; Kirby, 2009; Ohmura et al, 2006), similar to personality traits (Costa and McCrae, 1992), suggesting that they reflect a relatively stable individual difference.”
From DAT1 and COMT effects on delay discounting and trait impulsivity in male adolescents with attention deficit/hyperactivity disorder and healthy controls (2010) · cites this paper as Kirby, 2009

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Authors: Kirby, K. N.
Affiliations: Williams College (US)
Corresponding author: Kirby, Kris N.
Venue: Psychonomic Bulletin & Review
Publisher: Springer Science and Business Media LLC
Published: 2009-06
Volume: 16
Issue: 3
Pages: 457-462
ISSN: 1069-9384 (ISSN-L)
1531-5320
DOI: 10.3758/pbr.16.3.457
OpenAlex: W2083649502
Cited by: 487
References: 29
Citations by year: 2026: 26 · 2025: 22 · 2024: 23 · 2023: 39 · 2022: 18 · 2021: 29 · 2020: 71 · 2019: 19 · 2018: 36 · 2017: 40 · 2016: 29 · 2015: 40 · 2014: 23 · 2013: 28 · 2012: 20
FWCI: 8.93
Type: journal article
Language: en
Open access: bronze
doi.org
Licence: www.springer.com/tdm (tdm)
Locations: Psychonomic Bulletin & Review (publishedVersion)
PubMed (publishedVersion)
Funders: National Institute of Mental Health (MH55262, R29MH055262)
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 › Safety Research › Experimental Behavioral Economics Studies
Keywords: delay discounting, temporal stability, discount rate, monetary rewards, test-retest reliability, individual differences, personality traits, reward type
MeSH terms: Adolescent, Character, Choice Behavior, Female, Follow-Up Studies, Humans, Impulsive Behavior, Individuality, Male, Motivation, Psychometrics, Surveys and Questionnaires, Reward, Time Factors, Reproducibility of Results, Young Adult

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