Implement a HyperbolicWithBias model for time discounting. It is used in the animal literature to account for biases towards a prospect which is varying.
V = (bias * reward) * (1/(1+k*delay))
where the prior over bias should obviously be entered on 1.
Wilhelm, C. J., & Mitchell, S. H. (2010). Response bias is unaffected by delay length in a delay discounting paradigm. Behavioural Processes, 84(1), 445–449. http://doi.org/10.1016/j.beproc.2010.02.017
Implement a
HyperbolicWithBiasmodel for time discounting. It is used in the animal literature to account for biases towards a prospect which is varying.where the prior over
biasshould obviously be entered on 1.References