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Intertemporal Decision Making: A Mental Load Perspective

  • Conference paper
Biologically Inspired Cognitive Architectures 2012

Part of the book series: Advances in Intelligent Systems and Computing ((AISC,volume 196))

Abstract

In this paper intertemporal decision making is analysed from a framework that defines the differences in value for decision options at present and future time points in terms of the extra amount of mental burden or work load that is expected to occur when a future option is chosen. It is shown how existing hyperbolic and exponential discounting models for intertemporal decision making both fit in this more general framework. Furthermore, a specific computational model for work load is adopted to derive a new discounting model. It is analysed how this intertemporal decision model relates to the existing hyperbolic and exponential intertemporal decision models. Finally, it is shown how this model relates to a transformation between subjective and objective time experience.

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Correspondence to Jan Treur .

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Treur, J. (2013). Intertemporal Decision Making: A Mental Load Perspective. In: Chella, A., Pirrone, R., Sorbello, R., Jóhannsdóttir, K. (eds) Biologically Inspired Cognitive Architectures 2012. Advances in Intelligent Systems and Computing, vol 196. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-34274-5_55

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  • DOI: https://doi.org/10.1007/978-3-642-34274-5_55

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-34273-8

  • Online ISBN: 978-3-642-34274-5

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