The expected utility of an incentive depends on
A) value of an incentive
B) delay interval of the incentive
C) value of an incentive divided by the delay interval of that incentive
D) value of an incentive + the delay interval of that incentive

Question

Quizplus · Accepted Answer

The expected utility of an incentive is the value of the incentive divided by the delay interval of that incentive. This is because the longer the delay interval, the lower the expected utility of the incentive. Therefore, choice C is the best option.

The Expected Utility of an Incentive Depends on