Debate persists on whether imminent-reward overvaluation is general or arousal-dependent.

Evidence

There is still controversy over whether people overvalue imminent rewards generally (hyperbolic discounting; see Ainslie 2010; 2012) or only when we are emotionally aroused — Nicolas Baumard, A mutualistic approach to morality, 226

Categorization

  • DEFINE: Frames the distinction between hyperbolic discounting (general temporal bias) and a narrower arousal-only ‘hyperboloid’ pattern — a useful technical term for the reader’s moral-psychology framing.
  • XREF: connects to: Gambling addiction may stem from intrinsic surprise rewards overriding negative expected value. — Brian Christian, The Alignment Problem, 909; Arousal and valence are separable emotion dimensions rated independently.

Broader Connections