Table 2.
Model Fits for Different Discounting Models.
Model | G2 | BIC | Cross-validated log loss |
---|---|---|---|
SS bias | 7,394.78 | 7,407.61 | −14.63 |
Now bias | 7,969.44 | 7,982.27 | −17.14 |
Dual system | 8,715.81 | 8,728.64 | −18.22 |
Hyperbolic | 8,382.16 | 8,390.72 | −15.27 |
Two-parameter hyperbolic | 7,923.36 | 7,936.19 | −15.29 |
Note. N = 70. BIC = Bayesian information criterion; SS = smaller sooner option.