Table 1.

Model comparison

Model number (Eq.)Sum AICDelta AICAkaike weight
2, (4)—Hyperbolic discounting of utility359501
1, (2)—Hyperbolic discounting of magnitude3630352.51E–08
4, (6)—Exponential discounting of magnitude3637427.58E–10
3, (5)—Exponential discounting of utility3660657.68E–15
6, (8)—Beta delta with magnitude3685902.86E–20
5, (7)—Beta delta with utility37091141.76E–25
7—As soon as possible41445496.1E–120
  • The table displays goodness of fit (AIC) and model comparison results for each of the seven valuation models (see supplemental Methods, available at www.jneurosci.org as supplemental material). Eq., Equation number for each model as listed in the supplemental Methods.