Components of Delay Discounting

Delay discounting, the relative decrease in the subjective value of a reward as that reward becomes delayed in time, is thought to be the synthesis of several discrete processes. An individual must be able to perceive differences in reward and delay magnitude, associate value with these separate rewards and delays, compare these compound values, and take action accordingly. In attempting to understand what role a particular brain region or pharmacological agent plays in delay discounting, it is important to determine which particular component is being affected.

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