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Cognitive Predictors of Delay Discounting in Monetary Choices

In: Studia Psychologica, vol. 63, no. 2
Viera Bačová Číslo ORCID - Jakub Šrol Číslo ORCID
Detaily:
Rok, strany: 2021, 129 - 142
Jazyk: eng
Kľúčové slová:
delay discounting, rational thinking, cognitive ability, bias susceptibility, individual fifferences
O článku:
Delay discounting, the tendency to choose a smaller-sooner reward over a larger-later reward, has been conceptualized either as a personal preference or as a rational thinking component. In this study (N = 397), the associations between monetary delay discounting – constructed as a rational thinking task – and cognitive individual difference measures were examined. Participants with higher general cognitive ability, cognitive reflection, scientific reasoning, and objective numeracy had a weaker tendency to discount delayed rewards, the opposite was true for those with higher intuitive thinking disposition and bias susceptibility. Bias susceptibility predicted delay discounting over and above all other cognitive predictors. The results partially support the assumption about a common basis of delay discounting and susceptibility to cognitive biases (as a rational thinking indicator). Because of the relatively low explained variance in delay discounting by cognitive variables, however, ample room is left for other potential predictors in the monetary delay discounting tasks.
Ako citovať:
ISO 690:
Bačová, V., Šrol, J. 2021. Cognitive Predictors of Delay Discounting in Monetary Choices. In Studia Psychologica, vol. 63, no.2, pp. 129-142. 0039-3320. DOI: https://doi.org/10.31577/sp.2021.02.817

APA:
Bačová, V., Šrol, J. (2021). Cognitive Predictors of Delay Discounting in Monetary Choices. Studia Psychologica, 63(2), 129-142. 0039-3320. DOI: https://doi.org/10.31577/sp.2021.02.817
O vydaní:
Vydavateľ: Institute of Experimental Psychology, Centre of Social and Psychological Sciences, Slovak Academy of Sciences
Publikované: 1. 6. 2021
Verejná licencia:
https://creativecommons.org/licenses/by/4.0/