In studies of discounting in humans using adjusting amount procedures, the indifference point is defined as:
A) The average amount of the immediate reward at which the participant switched from either the short to the long delay, or vice versa
B) The average amount of the delayed reward at which the participant switched from either the short to the long delay, or vice versa
C) The average delay to the sooner reward at which the participant switched from either the short to the long delay, or vice versa
D) The average delay to the sooner reward at which the participant switched from either the short to the long delay, or vice versa.

Question

Quizplus · Accepted Answer

The indifference point in discounting studies using adjusting amount procedures is defined as the average amount of the immediate reward at which the participant switched preferences between the shorter and longer delays, indicating the point at which the immediate and delayed rewards are perceived as equivalent in value.

In Studies of Discounting in Humans Using Adjusting Amount Procedures