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Contribution Details

Type Journal Article
Scope Discipline-based scholarship
Title No effects of psychosocial stress on intertemporal choice
Organization Unit
Authors
  • Johannes Haushofer
  • Sandra Cornelisse
  • Maayke Seinstra
  • Ernst Fehr
  • Marian Joëls
  • Tobias Kalenscher
Item Subtype Original Work
Refereed Yes
Status Published in final form
Language
  • English
Journal Title PLoS ONE
Publisher Public Library of Science (PLoS)
Geographical Reach international
ISSN 1932-6203
Volume 8
Number 11
Page Range e78597
Date 2013
Abstract Text Intertemporal choices - involving decisions which trade off instant and delayed outcomes - are often made under stress. It remains unknown, however, whether and how stress affects intertemporal choice. We subjected 142 healthy male subjects to a laboratory stress or control protocol, and asked them to make a series of intertemporal choices either directly after stress, or 20 minutes later (resulting in four experimental groups). Based on theory and evidence from behavioral economics and cellular neuroscience, we predicted a bidirectional effect of stress on intertemporal choice, with increases in impatience or present bias immediately after stress, but decreases in present bias or impatience when subjects are tested 20 minutes later. However, our results show no effects of stress on intertemporal choice at either time point, and individual differences in stress reactivity (changes in stress hormone levels over time) are not related to individual differences in intertemporal choice. Together, we did not find support for the hypothesis that psychosocial laboratory stressors affect intertemporal choice.
Free access at PubMed ID
Digital Object Identifier 10.1371/journal.pone.0078597
PubMed ID 24250800
Other Identification Number merlin-id:8526
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