title: Individual differences in long-range time representation.
abstract: On the basis of experimental data, long-range time representation has been proposed to follow a highly compressed power function, which has been hypothesized to explain the time inconsistency found in financial discount rate preferences. The aim of this study was to evaluate how well linear and power function models explain empirical data from individual participants tested in different procedural settings. The line paradigm was used in five different procedural variations with 35 adult participants. Data aggregated over the participants showed that fitted linear functions explained more than 98% of the variance in all procedures. A linear regression fit also outperformed a power model fit for the aggregated data. An individual-participant-based analysis showed better fits of a linear model to the data of 14 participants; better fits of a power function with an exponent β > 1 to the data of 12 participants; and better fits of a power function with β < 1 to the data of the remaining nine participants. Of the 35 volunteers, the null hypothesis β = 1 was rejected for 20. The dispersion of the individual β values was approximated well by a normal distribution. These results suggest that, on average, humans perceive long-range time intervals not in a highly compressed, biased manner, but rather in a linear pattern. However, individuals differ considerably in their subjective time scales. This contribution sheds new light on the average and individual psychophysical functions of long-range time representation, and suggests that any attribution of deviation from exponential discount rates in intertemporal choice to the compressed nature of subjective time must entail the characterization of subjective time on an individual-participant basis.
authors.affiliation: Federal University of ABC, São Bernardo do Campo, Brazil. camila.agostino@ufabc.edu.br.
authors.forename: Camila S
authors.initials: CS
authors.lastname: Agostino
authors.affiliation: Federal University of ABC, São Bernardo do Campo, Brazil.
authors.forename: Marcelo S
authors.initials: MS
authors.lastname: Caetano
authors.affiliation: Koç University, İstanbul, Turkey.
authors.forename: Fuat
authors.initials: F
authors.lastname: Balci
authors.affiliation: Federal University of ABC, São Bernardo do Campo, Brazil.
authors.forename: Peter M E
authors.initials: PME
authors.lastname: Claessens
authors.affiliation: Federal University of ABC, São Bernardo do Campo, Brazil.
authors.forename: Yossi
authors.identifier: http://orcid.org/0000-0003-0539-7492
authors.initials: Y
authors.lastname: Zana
mesh_terms: D000328:Adult; D005260:Female; D006801:Humans; D007206:Individuality; D016014:Linear Models; D008297:Male; D008962:Models, Theoretical; D011601:Psychophysics; D013998:Time Perception / Q000502:physiology*
keywords: Line paradigm; Psychophysics; Time discounting; Time representation