Physical and cognitive effort discounting of hypothetical monetary rywards

Paweł Ostaszewski , Przemysław Bąbel , Bartłomiej Swebodziński

Abstract

Effort discounting refers to the decrease in the subjective value of a reward as the effort required to obtain the reward increases. The main aims of this study were to ascertain whether the amount of the reward affects the steepness of the effort discounting process for hypothetical monetary rewards, to identify whether this steepness depends on the type of effort that is required, and to determine whether the steepness of different types of effort covary at the individual level. Two types of effort were studied under hypothetical choice situations: physical effort and cognitive effort. Both physical and cognitive effort discounting were well described by the hyperbolic model. Large rewards were discounted less steeply than small rewards for both types of effort. This finding agrees with the results of prior studies which have found that larger rewards have greater motivational power. In addition, the steepness of physical effort discounting was positively correlated with the steepness of cognitive effort discounting, which suggests that the effort discounting process is a trait-like characteristic within an individual.
Author Paweł Ostaszewski (Wydział Psychologii)
Paweł Ostaszewski,,
- Wydział Psychologii
, Przemysław Bąbel
Przemysław Bąbel,,
-
, Bartłomiej Swebodziński
Bartłomiej Swebodziński,,
-
Journal seriesJapanese Psychological Research, ISSN 0021-5368, (A 15 pkt)
Issue year2013
Vol55
No4
Pages329-337
Publication size in sheets0.5
Keywords in Englisheffort discounting, physical effort, cognitive effort, magnitude effect
ASJC Classification3200 General Psychology
DOIDOI: 10.1111/jpr.12019
URL http://onlinelibrary.wiley.com/doi/10.1111/jpr.12019/abstract
Languageen angielski
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Ostaszewski-Babel-Swebodzinski-2013.pdf of 14-09-2015
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Physical and cognitive effort discounting_1str.pdf 77.62 KB
Score (nominal)15
Publication indicators Scopus SNIP (Source Normalised Impact per Paper): 2014 = 0.336; WoS Impact Factor: 2013 = 0.397 (2) - 2013=0.458 (5)
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Dorobek Naukowy - Preview URLhttp://dn.swps.edu.pl/Podglad.aspx?WpisID=13992
Dorobek Naukowy - Approve URLhttp://dn.swps.edu.pl/Biuro/ZatwierdzanieWpisu.aspx?WpisID=13992
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* presented citation count is obtained through Internet information analysis and it is close to the number calculated by the Publish or Perish system.
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