June 2013
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74 Reads
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14 Citations
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... Probability discounting can be defined as the systematic devaluation of an outcome as the probability decreases that the organism will contact that outcome (e.g., McKerchar & Renda, 2012;Rachlin, 2006). Loss discounting can involve probabilistic outcomes, delayed outcomes (e.g., Mazur, 1987;Rachlin, 2006), outcomes with varying effort to contact (e.g., Apps et al., 2016;Bialaszek et al., 2017), or outcomes wherein the individual contacting them are of varying social relatedness (e.g., Jones & Rachlin, 2006;Schwenke et al., 2022). ...
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June 2013