Regulation of choice behavior : an experiment investigating the hypothesis that people bundle sequences of expected rewards

 

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dc.contributor.advisor Ross, Don en_ZA
dc.contributor.advisor Harrison, Glenn W en_ZA
dc.contributor.author Schuhr, Alexander en_ZA
dc.date.accessioned 2015-12-08T11:44:12Z
dc.date.available 2015-12-08T11:44:12Z
dc.date.issued 2015 en_ZA
dc.identifier.citation Schuhr, A. 2015. Regulation of choice behavior : an experiment investigating the hypothesis that people bundle sequences of expected rewards. University of Cape Town. en_ZA
dc.identifier.uri http://hdl.handle.net/11427/15696
dc.description.abstract This thesis discusses reward bundling as a process that enables decision makers to self-regulate their choice behavior. Most empirical work on intertemporal choice has focused on analyzing impulsive choice. Less effort has been dedicated to explanations of how individuals manage to overcome self-defeating behavior. This thesis evaluates the theory of reward bundling. It presents a set of econometric tools that can be employed to investigate whether actual choice behavior is consistent with the theory of bundling. It reports an experiment with human subjects. Reward bundling has been demonstrated in experiments with pigeons and rats. However, no empirical study using salient rewards and sound econometric model estimation has ever been carried out with humans. The present experiment is, therefore, the first that meets the methodological standards of experimental economics and finds evidence consistent with the presence of reward bundling. en_ZA
dc.language.iso eng en_ZA
dc.subject.other Economics en_ZA
dc.title Regulation of choice behavior : an experiment investigating the hypothesis that people bundle sequences of expected rewards en_ZA
dc.type Doctoral Thesis
uct.type.publication Research en_ZA
uct.type.resource Thesis en_ZA
dc.publisher.institution University of Cape Town
dc.publisher.faculty Faculty of Commerce en_ZA
dc.publisher.department School of Economics en_ZA
dc.type.qualificationlevel Doctoral
dc.type.qualificationname PhD en_ZA
uct.type.filetype Text
uct.type.filetype Image
dc.identifier.apacitation Schuhr, A. (2015). <i>Regulation of choice behavior : an experiment investigating the hypothesis that people bundle sequences of expected rewards</i>. (Thesis). University of Cape Town ,Faculty of Commerce ,School of Economics. Retrieved from http://hdl.handle.net/11427/15696 en_ZA
dc.identifier.chicagocitation Schuhr, Alexander. <i>"Regulation of choice behavior : an experiment investigating the hypothesis that people bundle sequences of expected rewards."</i> Thesis., University of Cape Town ,Faculty of Commerce ,School of Economics, 2015. http://hdl.handle.net/11427/15696 en_ZA
dc.identifier.vancouvercitation Schuhr A. Regulation of choice behavior : an experiment investigating the hypothesis that people bundle sequences of expected rewards. [Thesis]. University of Cape Town ,Faculty of Commerce ,School of Economics, 2015 [cited yyyy month dd]. Available from: http://hdl.handle.net/11427/15696 en_ZA
dc.identifier.ris TY - Thesis / Dissertation AU - Schuhr, Alexander AB - This thesis discusses reward bundling as a process that enables decision makers to self-regulate their choice behavior. Most empirical work on intertemporal choice has focused on analyzing impulsive choice. Less effort has been dedicated to explanations of how individuals manage to overcome self-defeating behavior. This thesis evaluates the theory of reward bundling. It presents a set of econometric tools that can be employed to investigate whether actual choice behavior is consistent with the theory of bundling. It reports an experiment with human subjects. Reward bundling has been demonstrated in experiments with pigeons and rats. However, no empirical study using salient rewards and sound econometric model estimation has ever been carried out with humans. The present experiment is, therefore, the first that meets the methodological standards of experimental economics and finds evidence consistent with the presence of reward bundling. DA - 2015 DB - OpenUCT DP - University of Cape Town LK - https://open.uct.ac.za PB - University of Cape Town PY - 2015 T1 - Regulation of choice behavior : an experiment investigating the hypothesis that people bundle sequences of expected rewards TI - Regulation of choice behavior : an experiment investigating the hypothesis that people bundle sequences of expected rewards UR - http://hdl.handle.net/11427/15696 ER - en_ZA


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