Ontology highlight
ABSTRACT:
SUBMITTER: Story GW
PROVIDER: S-EPMC4368544 | biostudies-literature | 2015 Mar
REPOSITORIES: biostudies-literature
Story Giles W GW Vlaev Ivo I Dayan Peter P Seymour Ben B Darzi Ara A Dolan Raymond J RJ
PLoS computational biology 20150320 3
Humans frequently need to allocate resources across multiple time-steps. Economic theory proposes that subjects do so according to a stable set of intertemporal preferences, but the computational demands of such decisions encourage the use of formally less competent heuristics. Few empirical studies have examined dynamic resource allocation decisions systematically. Here we conducted an experiment involving the dynamic consumption over approximately 15 minutes of a limited budget of relief from ...[more]