Senior Honors Projects, 2010-2019

Creative Commons License

Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.

Date of Graduation

Spring 2015

Document Type


Degree Name

Bachelor of Science (BS)


Department of Psychology


Daniel D. Holt


Discounting tasks were used to determine the degree to which college undergraduates discounted delayed and probabilistic alcoholic beverages. Tasks were framed in terms of gains (i.e.,obtaining a hypothetical amount of alcohol) and losses (i.e., losing a hypothetical amount of alcohol). In all gain and loss conditions, discounting was evident and was generally well described by a hyperboloid function. Gains were discounted more steeply then losses. There were no correlations between the median delay gain discounting rates and the median delay loss discounting rates. Likewise, there were no correlations between the median probabilistic gain discounting rates and the median probabilistic loss discounting rates. This pattern of results suggests that each condition is independent from one another, operating under a separate set of mental processes. Future studies with a larger sample size are necessary to validate these findings.



To view the content in your browser, please download Adobe Reader or, alternately,
you may Download the file to your hard drive.

NOTE: The latest versions of Adobe Reader do not support viewing PDF files within Firefox on Mac OS and if you are using a modern (Intel) Mac, there is no official plugin for viewing PDF files within the browser window.