Gains (y ≻ x ≻ x0)
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Patient (x, s) ≺ (x, t) |
(y, s) ~ (x, t) |
(y, s + σ) ~ (x, t + τ) |
s |
t |
σ |
τ |
DP-index |
Interpretation |
Increasing |
(y, 0) ~ (x, 5) |
(y, 4) ~ (x, 16) |
0 |
5 |
4 |
8 |
0.2 |
Prefers waiting for gains, and willingness to wait increases by delays
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Constant |
(y, 0) ~ (x, 5) |
(y, 4) ~ (x, 12) |
0 |
5 |
4 |
4 |
0 |
Prefers waiting for gains, and willingness to wait is constant
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Decreasing |
(y, 0) ~ (x, 5) |
(y, 4) ~ (x, 10) |
0 |
5 |
4 |
2 |
-0.1 |
Prefers waiting for gains, and willingness to wait decreases by delays
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Impatient (x, s) ≻ (x, t) |
(x, s) ~ (y, t) |
(x, s + σ) ~ (y, t + τ) |
s |
t |
σ |
τ |
DI-index |
Interpretation |
Decreasing |
(x, 0) ~ (y, 5) |
(x, 4) ~ (y, 16) |
0 |
5 |
4 |
8 |
0.2 |
Dislikes waiting for gains, and willingness to wait increases by delay
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Constant |
(x, 0) ~ (y, 5) |
(x, 4) ~ (y, 12) |
0 |
5 |
4 |
4 |
0 |
Dislikes waiting for gains, and willingness to wait is constant
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Increasing |
(x, 0) ~ (y, 5) |
(x, 4) ~ (y, 10) |
0 |
5 |
4 |
2 |
-0.1 |
Dislikes waiting for gains, and willingness to wait decreases by delays
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Losses (x0
≻ x ≻ y)
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Patient (x, s) ≻ (x, t) |
(y, s) ~ (x, t) |
(y, s + σ) ~ (x, t + τ) |
s |
t |
σ |
τ |
DP-index |
Interpretation |
Increasing |
(y, 0) ~ (x, 5) |
(y, 4) ~ (x, 16) |
0 |
5 |
4 |
8 |
0.2 |
Dislikes waiting for losses, and willingness to wait increases by delays
|
Constant |
(y, 0) ~ (x, 5) |
(y, 4) ~ (x, 12) |
0 |
5 |
4 |
4 |
0 |
Dislikes waiting for losses, and willingness to wait is constant
|
Decreasing |
(y, 0) ~ (x, 5) |
(y, 4) ~ (x, 10) |
0 |
5 |
4 |
2 |
-0.1 |
Dislikes waiting for losses, and willingness to wait decreases by delays
|
Impatient (x, s) ≺ (x, t) |
(x, s) ~ (y, t) |
(x, s + σ) ~ (y, t + τ) |
s |
t |
σ |
τ |
DI-index |
Interpretation |
Decreasing |
(x, 0) ~ (y, 5) |
(x, 4) ~ (y, 16) |
0 |
5 |
4 |
8 |
0.2 |
Prefers waiting for losses, and willingness to wait increases by delays
|
Constant |
(x, 0) ~ (y, 5) |
(x, 4) ~ (y, 12) |
0 |
5 |
4 |
4 |
0 |
Prefers waiting for gains, and willingness to wait is constant
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Increasing |
(x, 0) ~ (y, 5) |
(x, 4) ~ (y, 10) |
0 |
5 |
4 |
2 |
-0.1 |
Prefers waiting for gains, and willingness to wait decreases by delays
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