Parameters and AICc for intertemporal choice models on delayed losses (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 | 432.3392 | 385.9813 | 434.9496 | 422.1441 | 385.9813 | 419.7707 | 381.55 | |||||||
| Parameter | k | k | s | k | k | k | q | k | k | q | ||||
| 0.0193418 | 0.14890 | 0.25175 | 0.02309 | 0.01510 | 0.020787 | 0.008933 | 0.037485 | 2.972240 | 0.0168123 | 0.9674406 | 0.00464 | 3.251384 | 0.182299 | |
| p-value | <2e-16 *** | 2.16e-06 *** | 6.78e-10 *** | 0.476 | 0.899 | 0.425 | 0.933 | 1.74e-13 *** | 1.06e-07 *** | 5.92e-16 *** | <2e-16 *** | 0.2215 | 1.36e-08 *** | 0.0157 * |
| Exponential ( | General hyperbola ( | Generalised exponential ( | Hyperbolic deformed by amount based on | Quasi-hyperbolic ( | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AICc | 432.3392 | 385.9813 | 434.9496 | 422.1441 | 385.9813 | 419.7707 | 381.55 | |||||||
| Parameter | ||||||||||||||
| 0.0193418 | 0.14890 | 0.25175 | 0.02309 | 0.01510 | 0.020787 | 0.037485 | 0.0168123 | 0.9674406 | 0.00464 | 0.182299 | ||||
| <2e-16 *** | 2.16e-06 *** | 6.78e-10 *** | 0.476 | 0.899 | 0.425 | 0.933 | 1.74e-13 *** | 1.06e-07 *** | 5.92e-16 *** | <2e-16 *** | 0.2215 | 1.36e-08 *** | 0.0157 * | |
Source(s): Autors’ own elaboration
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