Do we actually know that our discounting function is hyperbolic in the range below 5 minutes? Or is that just extrapolation from experiments done on longer intervals?
At the very least, there’s a classic study on pidgeons for that time frame.
Do we actually know that our discounting function is hyperbolic in the range below 5 minutes? Or is that just extrapolation from experiments done on longer intervals?
At the very least, there’s a classic study on pidgeons for that time frame.