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http://dx.doi.org/10.19066/cogsci.2019.30.1.3

Exploring Individual Variables Affecting the Valuation of Time  

Kim, Young-il (IT Psychology, The Department of Life Media Ajou University)
Kim, Youngjun (Department of Psychology AjouUniversity)
Kim, Kyungil (Department of Psychology AjouUniversity)
Publication Information
Korean Journal of Cognitive Science / v.30, no.1, 2019 , pp. 51-83 More about this Journal
Abstract
Delay of immediate gains/losses brings on additional gaines/losses as much as waiting period. However, there are individual difference in evaluating the value of delayed time discounting on the person. In this study, to investigates the individual differences about valuating the delayed time, it is ascertained the correlation between decisions from intertemporal choice task and individual differences of risk taking/perception, emotion, regulatory focus, and HPSP and BELT, subjective period measuring task. In Addition, it is analyzed the individual differences after classifying good/bad performer of intertemporal tasks and person who perceive long/short about the future periods. As a result, good performers of intertemporal task have high openness and perceive longer about 12 hours, 15 days, 6 months and 5 years. Reconstruction about future temporal length plays an important role on intertemporal task, and it is discussed about necessity of follow up study.
Keywords
intertemporal choice; delay discounting; openness; subjective time perceiving;
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