Saved in:
Bibliographic Details
Main Authors: Shukla, Shanu, Bhattacharyya, Trambak
Format: Preprint
Published: 2023
Subjects:
Online Access:https://arxiv.org/abs/2306.08479
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1866912750240792576
author Shukla, Shanu
Bhattacharyya, Trambak
author_facet Shukla, Shanu
Bhattacharyya, Trambak
contents Existing mathematical models of delay discounting (e. g. exponential model, hyperbolic model, and those derived from nonextensive statistics) consider impulsivity as a single entity. However, the present article derives a novel mathematical model of delay discounting considering impulsivity as a multi-faceted quantity. It involves the bi-faceted characteristic of impulsivity, and considers impulsivity as a variable represented by two positive and fluctuating quantities (e.g. these facets may be trait and state impulsivity). To derive the model, the superstatistics method, which has been used to describe fluctuating physical systems like a thermal plasma, has been adapted. According to the standard practice in behavioural science, we first assume that the total impulsivity is a mere addition of the two facets. However, we also explore the possibility beyond an additive model and conclude that facets of impulsivity may also be combined in a non-additive way. We name this group of models the Extended Effective Exponential Model or $E^3M$. We find a good agreement between our model and experimental data.
format Preprint
id arxiv_https___arxiv_org_abs_2306_08479
institution arXiv
publishDate 2023
record_format arxiv
spellingShingle A mathematical model of delay discounting with bi-faceted impulsivity
Shukla, Shanu
Bhattacharyya, Trambak
Physics and Society
Existing mathematical models of delay discounting (e. g. exponential model, hyperbolic model, and those derived from nonextensive statistics) consider impulsivity as a single entity. However, the present article derives a novel mathematical model of delay discounting considering impulsivity as a multi-faceted quantity. It involves the bi-faceted characteristic of impulsivity, and considers impulsivity as a variable represented by two positive and fluctuating quantities (e.g. these facets may be trait and state impulsivity). To derive the model, the superstatistics method, which has been used to describe fluctuating physical systems like a thermal plasma, has been adapted. According to the standard practice in behavioural science, we first assume that the total impulsivity is a mere addition of the two facets. However, we also explore the possibility beyond an additive model and conclude that facets of impulsivity may also be combined in a non-additive way. We name this group of models the Extended Effective Exponential Model or $E^3M$. We find a good agreement between our model and experimental data.
title A mathematical model of delay discounting with bi-faceted impulsivity
topic Physics and Society
url https://arxiv.org/abs/2306.08479