منابع مشابه
Instantaneous Gratification
Extending Barro (1999) and Luttmer & Mariotti (2003), we introduce a new model of time preferences: the instantaneous-gratification model. This model applies tractably to a much wider range of settings than existing models. It applies to complete and incomplete-market settings and it works with generic utility functions. It works in settings with linear policy rules and in settings in which equ...
متن کاملDelay of gratification in children.
To function effectively, individuals must voluntarily postpone immediate gratification and persist in goal-directed behavior for the sake of later outcomes. The present research program analyzed the nature of this type of future-oriented self-control and the psychological processes that underlie it. Enduring individual differences in self-control were found as early as the preschool years. Thos...
متن کاملThe Economics of Immediate Gratification
People have self-control problems: We pursue immediate gratification in a way that we ourselves do not appreciate in the long run. Only recently have economists begun to focus on the behavioral and welfare implications of such time-inconsistent preferences. In this paper, we outline a simple formal model of self-control problems, apply this model to some specific economic applications, and disc...
متن کاملDelay of Gratification: Some Longitudinal Personality Correlates
Two brief laboratory tasks measuring delay of gratification in different ways were administered to 116 four-year-old children. Personality data were available on these children separately at ages 3, 4, 7, and 11 years in the form of California Child Q-Set ratings by independent sets of teachers and examiners. The two delayof-gratification measures were standard scored and composited to generate...
متن کاملDelaying gratification depends on social trust
Delaying gratification is hard, yet predictive of important life outcomes, such as academic achievement and physical health. Prominent theories focus on the role of self-control, hypersensitivity to immediate rewards, and the cost of time spent waiting. However, delaying gratification may also require trust in people delivering future rewards as promised. To test the role of social trust, parti...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: The Quarterly Journal of Economics
سال: 2012
ISSN: 1531-4650,0033-5533
DOI: 10.1093/qje/qjs051