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Green and Myerson Page 46 <strong>of</strong> 48<br />

NIH-PA Author Manuscript NIH-PA Author Manuscript NIH-PA Author Manuscript<br />

Figure 12.<br />

The subjective value <strong>of</strong> probabilistic $200 and $5,000 rewards (expressed as a proportion <strong>of</strong><br />

their nominal amounts) plotted as a function <strong>of</strong> the odds against their receipt (left graph), and<br />

the subjective value <strong>of</strong> delayed $200 and $5,000 rewards as a function <strong>of</strong> the time until their<br />

receipt (right graph). The curved lines represent the hyperbola-like discounting function<br />

(Equation 3 in the left graph and Equation 5 in the right graph) fit to the data. Data are from<br />

Experiment 2 <strong>of</strong> “Amount <strong>of</strong> Reward Has Opposite Effects on the Discounting <strong>of</strong> Delayed and<br />

Probabilistic Outcomes,” by L. Green, J. Myerson, and P. Ostaszewski, 1999a, Journal <strong>of</strong><br />

Experimental Psychology: Learning, Memory, and Cognition, 25, p. 423. Copyright 1999 by<br />

the American Psychological Association.<br />

Psychol Bull. Author manuscript; available in PMC 2006 February 24.

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