ISSN 1671-3710
CN 11-4766/R

Advances in Psychological Science ›› 2018, Vol. 26 ›› Issue (5): 922-927.doi: 10.3724/SP.J.1042.2018.00922

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Research on intertemporal choice: From single dated outcomes to multiple dated outcomes

 JIANG Cheng-Ming1; XIE Kai-Jie2; HE Quan3   

  1. (1College of Economics and Management, Zhejiang University of Technology, Hangzhou 310023, China) (2 College of Education, Zhejiang University of Technology, Hangzhou 310023, China) (3 College of Politics and Public Administration, Zhejiang University of Technology, Hangzhou 310023, China)
  • Received:2017-03-15 Online:2018-05-15 Published:2018-03-31
  • Contact: JIANG Cheng-Ming, E-mail: jiangchengming@zjut.edu.cn或 wanderinghare@hotmail.com E-mail: E-mail: jiangchengming@zjut.edu.cn或 wanderinghare@hotmail.com
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Abstract: Intertemporal choice refers to any decision that requires tradeoffs among outcomes that occur at different times. With an increasing consensus on the psychological process for choices between single dated outcomes, an increasing amount of research focuses on choices between multiple dated outcomes. This paper reviews theories on intertemporal choices between multiple dated outcomes, including the sequences model, reason-based theory, salience account, and tradeoff model. In doing so, this paper suggests directions for future research on intertemporal choices between multiple dated outcomes, including a comparison and reconciliation of different theories, an examination of loss outcomes, and an application of eye-tracking techniques.

Key words: intertemporal choice, single dated outcome, multiple dated outcomes

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