Table 1.
Different types of discounting processes.
| Application of discounting to |
Original quantity Discounted quantity Involved variable |
|---|---|
| Delay of reward | Absolute reward value |
| Current value | |
| Delay to reward | |
| Probability of reward | Absolute reward value |
| Value of probabilistic reward | |
| Probability of reward | |
| Generosity | Money you have |
| Money you give to another person | |
| Social distance from that person | |
| Energy | Source of energy (e.g., light, sound) |
| Energy distant from source | |
| Distance from source | |
| Memory | Original learning |
| Memory | |
| Time between learning and recall | |
| Addiction or disease | Level of addiction |
| Current level | |
| Regular dose/time frequency |
Source: Rachlin (2006) and own elaboration.