2015
DOI: 10.1002/bdm.1895
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Now or Later? Attentional Processing and Intertemporal Choice

Abstract: The tendency to discount future prospects in lieu of smaller immediate outcomes is known as temporal discounting. The current work used eye‐tracking methodology to examine attentional processing to different elements of choice during an intertemporal decision task. Our findings reveal that those who tend to prefer the immediate option demonstrate attentional biases that were predictive of choice. When losses were at stake, selective attention biases also predicted unique variance in self‐report measures of ris… Show more

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Cited by 34 publications
(51 citation statements)
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“…To study the influences of the different design factors, we used a standard intertemporal choice task, a value-based decision-making task that is well established in decision science (e.g., Cheng & González-Vallejo, 2017;Dai & Busemeyer, 2014;Franco-Watkins, Mattson, & Jackson, 2015). In this task, participants have to choose between two monetary rewards that are available at different time points, constituting a soon-small and a late-large option.…”
Section: Varieties In the Implementation Of Mouse-trackingmentioning
confidence: 99%
“…To study the influences of the different design factors, we used a standard intertemporal choice task, a value-based decision-making task that is well established in decision science (e.g., Cheng & González-Vallejo, 2017;Dai & Busemeyer, 2014;Franco-Watkins, Mattson, & Jackson, 2015). In this task, participants have to choose between two monetary rewards that are available at different time points, constituting a soon-small and a late-large option.…”
Section: Varieties In the Implementation Of Mouse-trackingmentioning
confidence: 99%
“…Before data collection, we established a target sample size of 100 participants. No statistical methods were used to pre-determine sample sizes, but our sample sizes are larger than those reported in previous publications 31,34,83 . Because of a data collection error with a second unrelated task completed by the same participants, we collected additional participants who completed both tasks -leading to a final sample of 117 for this experiment.…”
Section: Methodsmentioning
confidence: 95%
“…While participants performed the task, we sampled their gaze position at high temporal resolution using eye-tracking, so that we could obtain real-time assessments of information processing in advance of each decision [28][29][30][31][32][33] . We examined not only the relative gaze bias between the SS and p. 4 LL options, which has been linked to overall patience in intertemporal choice 34 , but also the pattern of eye movements between elements in the display, which can reveal variation in decision heuristics across individuals 35,36 . Successful analyses in the primary sample determined which analyses were conducted in the replication sample -and all analyses are reported in this paper, regardless of replication success.…”
Section: Pmentioning
confidence: 99%
“…For example, application forms for loans could provide applicants with a temporally incongruent decision task. Finally, using eye tracking in the study of decision making provides insight into the underlying process (Weber & Johnson, 2009), and recently this method was efficiently used when investigating delay discounting and risky choice (Franco-Watkins, Mattson, & Jackson, 2016). Using such method would allow us to track the order and time individuals spent on considering particular choice options, and assess how differences in inspecting alternatives predict the strength of discounting.…”
Section: Discussionmentioning
confidence: 99%