2018
DOI: 10.1027/1614-0001/a000254
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Cognitive Reflection Effects on Time Discounting

Abstract: Abstract. In this work, we investigated individual differences in cognitive reflection effects on delay discounting – a preference for smaller sooner over larger later payoff. People are claimed to prefer more these alternatives they considered first – so-called reference point – over the alternatives they considered later. Cognitive reflection affects the way individuals process information, with less reflective individuals relying predominantly on the first information they consider, thus, being more suscept… Show more

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Cited by 31 publications
(43 citation statements)
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“…Because of this, we decided to add a numeracy test to better assess the unique contribution of cognitive reflection in explaining delay discounting. For illustration, in our related work (Białek & Sawicki, 2018), performance on the CRT predicted consistency in delay discounting across varying reference points with ␤ ϭ Ϫ.20. But when we controlled for numeracy, the predictive power of the CRT doubled, to ␤ ϭ Ϫ.40, whereas numeracy was not a significant independent predictor.…”
mentioning
confidence: 98%
“…Because of this, we decided to add a numeracy test to better assess the unique contribution of cognitive reflection in explaining delay discounting. For illustration, in our related work (Białek & Sawicki, 2018), performance on the CRT predicted consistency in delay discounting across varying reference points with ␤ ϭ Ϫ.20. But when we controlled for numeracy, the predictive power of the CRT doubled, to ␤ ϭ Ϫ.40, whereas numeracy was not a significant independent predictor.…”
mentioning
confidence: 98%
“…Univariate analysis also found common correlations. Reflection test performance correlated with numeracy (Attali & Bar-Hillel, 2020;Białek, Bergelt, et al, 2019;Białek & Sawicki, 2018;Erceg et al, 2020;Patel, 2017;Szaszi et al, 2017), morality Patil et al, 2018;Reynolds et al, 2019), political orientation (Deppe et al, 2015;Yilmaz et al, 2019), and theism (Gervais et al, 2018;Pennycook et al, 2016). Further, older people were more conservative (Cornelis et al, 2009;Luberti et al, 2020) and women were less likely to endorse instrumental harm (e.g., Friesdorf et al, 2015).…”
Section: Univariate Analysismentioning
confidence: 99%
“…Trzecia kategoria czynników kształtujących wybory międzyokresowe obejmuje wpływ refleksyjnego stylu poznawczego (Białek, Sawicki, 2018;Noori, 2016;Toplak, West, Stanovich, 2011), inteligencji (Shamosh, Gray, 2008) oraz zmiennych socjodemograficznych, takich jak wiek (Steinberg i in., 2009), dochód czy wykształcenie (Reimers, Maylor, Stewart, Chater, 2009). …”
Section: Czynniki Wpływające Na Siłę Dyskontowaniaunclassified