drbenvincent / delay-discounting-analysis

Hierarchical Bayesian estimation and hypothesis testing for delay discounting tasks
http://www.inferencelab.com/delay-discounting-analysis/
MIT License
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New model: Hyperboloid discount function #182

Closed drbenvincent closed 7 years ago

drbenvincent commented 7 years ago

Add new model, Hyperboloid, where the discount fraction is 1/[(1+kD)^S] Note that this is equivalent to Exponential discounting of subjective time, according to Webber's Power Law.

Parameter: S

Parameter: k

Models

We now have the following models available for use:

drbenvincent commented 7 years ago

This all seems to work very nicely now. Priors are acceptable, but as always could be refined given more empirical data.