Parameters and AICc for intertemporal choice models on delayed gains (average data)
| Exponential (Samuelson, 1937) | General hyperbola (Myerson and Green, 1995) | Generalised exponential (Noor, 2011) | Hyperbolic deformed by amount based on Noor (2011) | q-exponential (Cajueiro, 2006) | Quasi-hyperbolic (Laibson, 1997) | q-exponential deformed by amount (Cruz Rambaud et al., 2018) | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AICc | 522.2004 | 430.5585 | 506.6904 | 438.4393 | 430.5585 | 503.4773 | 426.5121 | |||||||
| Parameter | k | k | s | k | k | k | q | k | k | q | ||||
| 0.10472 | 0.27855 | 0.88202 | 38.9051 | 0.4623 | 0.29628 | 0.02261 | 0.24569 | 0.13376 | 0.078529 | 0.776859 | 0.07743 | 0.27004 | 0.09953 | |
| p-value | 1.56e-14 *** | 4.94e-12 *** | <2e-16 *** | 0.358 | 1.34e-05 *** | 0.0121 * | 0.4425 | <2e-16 *** | 0.00746 ** | 4.53e-13 *** | 2.57e-16 *** | 0.03932 * | 0.00072 *** | 0.01910 * |
| Exponential ( | General hyperbola ( | Generalised exponential ( | Hyperbolic deformed by amount based on | Quasi-hyperbolic ( | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AICc | 522.2004 | 430.5585 | 506.6904 | 438.4393 | 430.5585 | 503.4773 | 426.5121 | |||||||
| Parameter | ||||||||||||||
| 0.10472 | 0.27855 | 0.88202 | 38.9051 | 0.4623 | 0.29628 | 0.02261 | 0.24569 | 0.078529 | 0.776859 | 0.07743 | 0.09953 | |||
| 1.56e-14 *** | 4.94e-12 *** | <2e-16 *** | 0.358 | 1.34e-05 *** | 0.0121 * | 0.4425 | <2e-16 *** | 0.00746 ** | 4.53e-13 *** | 2.57e-16 *** | 0.03932 * | 0.00072 *** | 0.01910 * | |
Source(s): Autors’ own elaboration
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