Social discounting

Psychol Sci. 2006 Apr;17(4):283-6. doi: 10.1111/j.1467-9280.2006.01699.x.

Abstract

The amount of money a person was willing to forgo in order to give 75 dollars to another person decreased as a hyperbolic function of the perceived social distance between them. Similar hyperbolic functions have previously been shown to describe both time and probability discounting.

Publication types

  • Research Support, N.I.H., Extramural

MeSH terms

  • Adult
  • Economics
  • Female
  • Humans
  • Male
  • Models, Psychological*
  • Social Perception*