Amy L. Odum

Delay Discounting: I'm a k, You're a k

Delay discounting is the decline in the present value of a reward with delay to its receipt. Across a variety of species, populations, and reward types, value declines hyperbolically with delay. Value declines steeply with shorter delays, but more shallowly with longer delays. Quantitative modeling provides precise measures to characterize the form of the discount function. These measures may be regarded as higher-order dependent variables, intervening variables, or hypothetical constructs. I suggest the degree of delay discounting may be a personality trait. In the end, the ontological status of measures of delay discounting is irrelevant. Whatever delay discounting may be, its study has provided the field of behavior analysis and other areas measures with robust generality and predictive validity for a variety of significant human problems. Research on moderating the degree of delay discounting has the potential to produce substantial societal benefits.

Delay discounting: trait variable?

Delay discounting refers to the tendency for outcomes that are remote in time to have less value than more immediate outcomes. Steep discounting of delayed outcomes is associated with a variety of social maladies. The degree of sensitivity to delayed outcomes may be a stable and pervasive individual characteristic. In analyses of archival data, the present study found positive correlations between the degree of delay discounting for one outcome (as measured by the Area Under the Curve), and the degree of discounting for other outcomes. Along with additional evidence reviewed, these data suggest that delay discounting may be considered a personality trait. Recent research in epigenetics, neuroscience, and behavior suggests delay discounting may prove to be a beneficial target for therapeutic attempts to produce global reductions in impulsivity related to delay discounting.

Discounting of delayed health gains and losses by current, never- and ex-smokers of cigarettes

Recent evidence implicates steep discounting of delayed outcomes as an important feature of drug dependence. We determined discounting rates for health gains and health losses in current cigarette smokers (n = 23), never-smokers (n = 22) and ex-smokers (n = 21). Participants indicated preference for immediate vs. delayed hypothetical health gains and for immediate vs. delayed hypothetical health losses in a titration procedure that determined indifference points at a range of delays. The degree of discounting was estimated using two nonlinear decay models: an exponential model and a hyperbolic model. The hyperbolic equation generally provided better fits to the data than the exponential equation did. Current smokers discounted delayed health gains and health losses more steeply than never-smokers did. Discounting by ex-smokers was generally intermediate to that of current smokers and never-smokers, although not statistically different from either. Current smokers and ex-smokers discounted delayed health losses more steeply than they did health gains. Never-smokers did not discount gains and losses differently. Cigarette smokers show rapid loss of value for delayed health outcomes, emphasizing the need for smoking-cessation treatments that provide relatively immediate consequences for abstinence.

Discounting of delayed hypothetical money, alcohol, and food

For drug-dependent individuals, drugs of abuse that are delayed in time are discounted more steeply than money delayed in time in a hypothetical choice task. The reasons for this finding are not clear. This study examined whether steep discounting of drugs relative to money might be related to the function of drugs as primary/consumable reinforcers and money as a conditioned/non-consumable reinforcer. Twenty adults with no self-reported problems with money, alcohol, or food participated. They indicated their preferences for three hypothetical outcome types: delayed versus immediate money, delayed versus immediate food, and delayed versus immediate alcohol. Both the hyperbolic decay model and area under the curve analysis showed that money was discounted less steeply than alcohol or food, but that alcohol and food were discounted similarly. This finding replicates previous results showing that people without drug abuse problems show steep discounting of alcohol. Furthermore, this finding suggests that alcohol may be steeply discounted as part of a general process involving primary/consumable reinforcers, not necessarily because it is a drug.

Discounting of delayed hypothetical money and food : Effects of amount

Delay discounting research determines how the value of an outcome is affected by delay to its receipt. Research so far shows that consumable outcomes are discounted more steeply by delay than money. Prior studies, however, have used large amounts of the outcomes (e.g. 100 dollars worth) that would not typically be consumed in one bout, unlike the corresponding amount of money (e.g. 100 dollars ). This experiment examined whether small amounts of food would be discounted more steeply than money, as occurs with larger amounts. One hundred and two adults indicated their preferences in a series of choices for two hypothetical outcome types: immediate versus delayed food and immediate versus delayed money. Participants made choices involving either relatively small maximum amounts of food (10 dollars worth) and money (10 dollars) or for relatively large maximum amounts of food (100 dollars worth) and money (100 dollars ). In the within-subject comparisons, food was discounted more steeply by delay than money for both groups. In the between-subject comparisons, different amounts of the commodities were affected similarly by delay. Overall, these results suggest that steeper discounting of consumable outcomes than money is a fairly robust phenomenon, occurring with relatively small amounts of outcomes as well as with larger amounts.

Impulsivity, risk taking, and timing

This study examined the relations among measures of impulsivity and timing. Impulsivity was assessed using delay and probability discounting, and self-report impulsivity (as measured by the Barratt Impulsiveness Scale; BIS-11). Timing was assessed using temporal perception as measured on a temporal bisection task and time perspective (as measured by the Zimbardo Time Perspective Inventory). One hundred and forty three college students completed these measures in a computer laboratory. The degree of delay discounting was positively correlated with the mean and range of the temporal bisection procedure. The degree of delay and probability discounting were also positively correlated. Self-reported motor impulsiveness on the BIS-11 was positively correlated with present hedonism and negatively correlated with future orientation on the ZTPI. Self-reported non-planning on the BIS-11 was positively correlated with fatalism on the ZTPI. These results show that people who overestimate the passage of time (perceive time as passing more quickly) hold less value in delayed rewards. They also confirm previous results regarding the relation between delay and probability discounting, as well as highlight similarities in self-report measures of impulsivity and time perspective.

Within-subject comparison of degree of delay discounting using titrating and fixed sequence procedures.

Different procedures are often used across experiments to estimate the degree of delay discounting, a common measure of impulsivity. In all procedures, participants indicate their choice between a reward available immediately and one available after a delay. The present experiment determined whether there are differences in the degree of discounting for a hypothetical

The nature of impulsivity: visual exposure to natural environments decreases impulsive decision-making in a delay discounting task.

100 produced by a procedure that titrates the immediate amount (titrating sequence procedure) versus a procedure that presents a fixed sequence of immediate amounts (fixed sequence procedure) using a within-subject design. The adult human participants showed no significant differences in degree of discounting between procedures as assessed by a hyperboloid model and the Area Under the Curve. Furthermore, the Area Under the Curve values from the two procedures showed a strong positive correlation. These findings suggest there may be no systematic difference between the degree of delay discounting as estimated by the titrating sequence and fixed sequence procedures. Given the apparent similarities in the results, it appears researchers may be justified in basing their choice of which procedure to use on convenience.

Nicotine Gum as a Substitute for Cigarettes: A Behavioral Economic Analysis

The benefits of visual exposure to natural environments for human well-being in areas of stress reduction, mood improvement, and attention restoration are well documented, but the effects of natural environments on impulsive decision-making remain unknown. Impulsive decision-making in delay discounting offers generality, predictive validity, and insight into decision-making related to unhealthy behaviors. The present experiment evaluated differences in such decision-making in humans experiencing visual exposure to one of the following conditions: natural (e.g., mountains), built (e.g., buildings), or control (e.g., triangles) using a delay discounting task that required participants to choose between immediate and delayed hypothetical monetary outcomes. Participants viewed the images before and during the delay discounting task. Participants were less impulsive in the condition providing visual exposure to natural scenes compared to built and geometric scenes. Results suggest that exposure to natural environments results in decreased impulsive decision-making relative to built environments.

Effects of baseline reinforcement rate on operant ABA and ABC renewal.

The present experiment attempted to identify a substitute for cigarette smoking in a laboratory analog of the behavioral economics of drug dependence. The interaction between cigarette consumption and nicotine gum consumption was examined with eight human smokers by increasing the price of cigarettes (i.e. the number of responses required to obtain puffs) across sessions, while the price of concurrently available nicotine gum remained constant. In another phase, the price of nicotine gum was increased while the price of concurrently available cigarettes remained constant. To determine whether the presence of concurrently available nicotine gum influenced cigarette consumption, we also examined the effect of increasing the price of cigarettes on cigarette consumption without available nicotine gum. When cigarettes and nicotine gum were concurrently available, increases in the price of cigarettes increased consumption of nicotine gum. When the price of nicotine gum increased while the price of cigarettes remained constant, smokers nearly exclusively consumed cigarettes. The presence or absence of nicotine gum did not affect the relation between cigarette consumption and cigarette price. The results suggest that nicotine gum can maintain operant behavior of smokers in the laboratory and can function, in a behavioral economic sense, as a weak substitute for cigarette puffs. As a result, nicotine gum may be useful in human laboratory studies of the behavioral economics of reinforcer interactions and their role in drug dependence.