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2024, Number 1

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Rev Elec Psic Izt 2024; 27 (1)

Delay and social discounting in college professors

Vega VCZ, Escobar GG, Nava QC

Language: Spanish
References: 47
Page: 384-407
PDF size: 393.43 Kb.


ABSTRACT

Delay discounting model helps to explain how people consider the immediate nature of receiving low-value rewards, rather than delayed, higher-value rewards. Social discounting explains how people consider the rewards that they can share with others, rather than the rewards they obtain individually. Most of the evidence about the application of these choice models is with college students, however, the research on decisionmaking in professionals such as college professors is limited. This study aimed to describe the choice behavior of college professors using delay and social discounting models. Twenty-four professors from a public university were involved in this study. The data shows that professors tended to choose large and delayed rewards (more self-control), as well as altruistic choices with people considered close to them. In contrast, selfish choices were more reflected as social distance increased. The hyperboloid model was the best descriptor for the delay discounting data, but the hyperbolic model showed the best fit in social discounting. No statistically significant relationship was found between the area under the curve for both tasks. The possible implications of choices with greater selfcontrol and altruism by professors in their teaching practice are discussed. Findings that provide internal and external validity to this study will be highlighted. Finally, empirical evidence is provided with a sample not considered before with delay and social discounting.


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