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Attribute latencies causally shape intertemporal decisions

delete2024-04-05
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OA
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陈发动 (Fadong Chen)
J
Jiehui Zheng *
L
Lei Wang
I
Ian Krajbich *
DOI:10.1038/s41467-024-46657-2delete
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Abstract

Abstract

En 中文
Intertemporal choices - decisions that play out over time - pervade our life. Thus, how people make intertemporal choices is a fundamental question. Here, we investigate the role of attribute latency (the time between when people start to process different attributes) in shaping intertemporal preferences using five experiments with choices between smaller-sooner and larger-later rewards. In the first experiment, we identify attribute latencies using mouse-trajectories and find that they predict individual differences in choices, response times, and changes across time constraints. In the other four experiments we test the causal link from attribute latencies to choice, staggering the display of the attributes. This changes attribute latencies and intertemporal preferences. Displaying the amount information first makes people more patient, while displaying time information first does the opposite. These findings highlight the importance of intra-choice dynamics in shaping intertemporal choices and suggest that manipulating attribute latency may be a useful technique for nudging. People have different latencies in processing amount and time attributes when making intertemporal choices. Here, the authors test the causal effect of these latencies on choice by altering the onset of amount and time information, which alters people's patience.
Keywords:
DIETARY SELF-CONTROL
ACTION DYNAMICS
TIME
CHOICE
ANOMALIES
MODELS
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Nature Communications cover
Nature Communications
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15.7
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hangzhou normal university
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University of California System
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