4.6 Article

Social discounting

Journal

PSYCHOLOGICAL SCIENCE
Volume 17, Issue 4, Pages 283-286

Publisher

SAGE PUBLICATIONS INC
DOI: 10.1111/j.1467-9280.2006.01699.x

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The amount of money a person was willing to forgo in order to give $75 to another person decreased as a hyperbolic function of the perceived social distance between them. Similar hyperbolic functions have previously been shown to describe both time and probability discounting.

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