Let’s decide together: Differences between individual and joint delay discounting

Diana Schwenke, Maja Dshemuchadse, Cordula Vesper, Martin Georg Bleichner and Stefan Scherbaum

PLOS ONE, 2017, vol. 12, issue 4, 1-15

Abstract: This study addressed the question whether or not social collaboration has an effect on delay discounting, the tendency to prefer sooner but smaller over later but larger delivered rewards. We applied a novel paradigm in which participants executed choices between two gains in an individual and in a dyadic decision-making condition. We observed how participants reached mutual consent via joystick movement coordination and found lower discounting and a higher decisions’ efficiency. In order to establish the underlying mechanism for dyadic variation, we further tested whether these differences emerge from social facilitation or inner group interchange.

Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:plo:pone00:0176003

DOI: 10.1371/journal.pone.0176003

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