Topic: delay discounting

People often choose immediate certain outcomes over delayed uncertain ones, even when the latter are more beneficial. This suggests that delay and uncertainty diminish the perceived value of a reward - a phenomenon known as delayed probabilistic discounting (DPD). Studying discounting mechanisms is critical to understand behavior in various life domains including finance, health, and relationships [1]. However, delayed and probabilistic discounting processes are usually studied independently. It is therefore unclear whether choices that involve both processes are simply a product of the indivi