Economists approach intertemporal choice by means of a model in which people discount the value of future events at a constant rate a vacation two years from now is worth less to most people than a vacation next week psychologists on the other hand have focused on the cognitive and emotional underpinnings of intertemporal choice time and decision draws from both disciplinary approaches to provide a comprehensive picture of the various layers of choice involved all of us make important . Researchers in economics behavioral economics psychology and neuroeconomics have studied decision making process for some time and brought forward a number of theories 10 23 that could. Time and decision economic and psychological perspectives of intertemporal choice ebook written by george loewenstein daniel read roy f baumeister read this book using google play books app. This item time and decision economic and psychological perspectives of intertemporal choice by george loewenstein hardcover 5995 available to ship in 1 2 days ships from and sold by amazoncom