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- W1554104656 abstract "There is evidence that people discount food more steeply than money, suggest-ing that primary or consumable reinforcers lose value quickly, whereas con-ditioned or nonconsumable reinforcers lose value slowly. In the present study, discounting rates of baht (unstable currency) and rice (preservable food) were compared during a period of unstable economic conditions in Thailand. Delay discounting of 2 amounts of hypothetical money and 2 matched amounts of hypothetical rice were examined. For smaller amounts of rewards, there was no difference in rates of discounting between money and a matched amount of rice. For larger amounts of rewards, however, money was discounted more steeply than a matched amount of rice. It was suggested that the unstable cur-rency might be discounted more severely than a durable good of comparable monetary value in some circumstances." @default.
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- W1554104656 date "2008-04-01" @default.
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- W1554104656 title "Future Rice is Discounted Less Steeply Than Future Money in Thailand" @default.
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- W1554104656 doi "https://doi.org/10.1007/bf03395610" @default.
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