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Delay Discounting of Different Commodities II: Confirmatory Analyses.

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Title: Delay Discounting of Different Commodities II: Confirmatory Analyses.
Authors: Weatherly, JeffreyN. (AUTHOR), Terrell, HeatherK. (AUTHOR)
Source: Journal of General Psychology. Jan-Mar2011, Vol. 138 Issue 1, p35-48. 14p. 1 Diagram, 1 Chart, 1 Graph.
Subjects: Short-term memory, Psychology of college students, Recovered memory, Confirmatory factor analysis, Decision making, Conditioned response, Comorbidity
Abstract: Delay discounting occurs when individuals are increasingly willing to accept less than the full amount of something to receive it immediately as the delay to the full amount increases. Previous research has reported different 'domains' of commodities, with discounting in one domain not being informative about discounting in another. In the present study, 283 participants completed a delay-discounting task with 1 of 2 sets of 5 commodities identical to those used in previous research (Weatherly, Terrell, & Derenne, 2010). Confirmatory factor analyses determined that the observed discounting conformed to previously reported domains. Also replicated was finding that discounting differs both as a function of commodity and how the commodity is framed. These results provide strong support for the idea that temporal decisions made about certain consequences may not necessarily be informative about how an individual will make decisions about other consequences. Also, the framing of the decision can significantly influence observed levels of discounting, potentially clouding interpretation. [ABSTRACT FROM AUTHOR]
Copyright of Journal of General Psychology is the property of Taylor & Francis Ltd and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
Database: Psychology and Behavioral Sciences Collection
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  Data: Delay Discounting of Different Commodities II: Confirmatory Analyses.
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  Data: <searchLink fieldCode="AR" term="%22Weatherly%2C+JeffreyN%2E%22">Weatherly, JeffreyN.</searchLink> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Terrell%2C+HeatherK%2E%22">Terrell, HeatherK.</searchLink> (AUTHOR)
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  Data: <searchLink fieldCode="JN" term="%22Journal+of+General+Psychology%22">Journal of General Psychology</searchLink>. Jan-Mar2011, Vol. 138 Issue 1, p35-48. 14p. 1 Diagram, 1 Chart, 1 Graph.
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  Data: <searchLink fieldCode="DE" term="%22Short-term+memory%22">Short-term memory</searchLink><br /><searchLink fieldCode="DE" term="%22Psychology+of+college+students%22">Psychology of college students</searchLink><br /><searchLink fieldCode="DE" term="%22Recovered+memory%22">Recovered memory</searchLink><br /><searchLink fieldCode="DE" term="%22Confirmatory+factor+analysis%22">Confirmatory factor analysis</searchLink><br /><searchLink fieldCode="DE" term="%22Decision+making%22">Decision making</searchLink><br /><searchLink fieldCode="DE" term="%22Conditioned+response%22">Conditioned response</searchLink><br /><searchLink fieldCode="DE" term="%22Comorbidity%22">Comorbidity</searchLink>
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  Data: Delay discounting occurs when individuals are increasingly willing to accept less than the full amount of something to receive it immediately as the delay to the full amount increases. Previous research has reported different 'domains' of commodities, with discounting in one domain not being informative about discounting in another. In the present study, 283 participants completed a delay-discounting task with 1 of 2 sets of 5 commodities identical to those used in previous research (Weatherly, Terrell, & Derenne, 2010). Confirmatory factor analyses determined that the observed discounting conformed to previously reported domains. Also replicated was finding that discounting differs both as a function of commodity and how the commodity is framed. These results provide strong support for the idea that temporal decisions made about certain consequences may not necessarily be informative about how an individual will make decisions about other consequences. Also, the framing of the decision can significantly influence observed levels of discounting, potentially clouding interpretation. [ABSTRACT FROM AUTHOR]
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  Data: <i>Copyright of Journal of General Psychology is the property of Taylor & Francis Ltd and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.)
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        Value: 10.1080/00221309.2010.532522
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      – SubjectFull: Psychology of college students
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      – SubjectFull: Recovered memory
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              Text: Jan-Mar2011
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