If you ask a student to choose between getting an A at the end of a course or getting a D and a beer at the end of the course, most students would choose the former. If you ask students to choose between studying right now or going to a bar right now, however, many will choose the latter. According to the _____ model, this can be explained by the _____ value of a small reward when it is _____.
A) Ainslie -Rachlin; increasing; far away
B) Ainslie -Rachlin; increasing; imminent
C) controlled-response; decreasing; far away
D) controlled-response; increasing; imminent

Question

Quizplus · Accepted Answer

The Ainslie-Rachlin model explains how the perceived value of a reward increases as it becomes more imminent, leading to preference reversals.

If You Ask a Student to Choose Between Getting an a at the End