Investing in Distant Rewards

Investing in distant rewards.

WOULD YOU SPEND MONEY TODAY TO MAKE THE WORLD A SUBSTANTIALLY BETTER PLACE FOR YOUR children and grandchildren? Most of us would. But what if the benefi t would accrue only to your great-great-great-great-grandchildren, not born until the 22nd century? That’s an awfully distant time horizon for most people. Many would probably spend today’s resources on more immediate concerns. Economists model...

Delaying rewards has greater effect on altruism when the beneficiary is socially distant

Based on the assumption that social distance and time are dimensions of psychological distance important for altruistic choices it was predicted that enhancement of altruism due to delaying rewards when choosing between a reward for oneself and for another person would be more pronounced the greater the social distance between the subject and another person. In order to test this hypothesis, so...

Investing in our Children

Investing in Software Sustainment

In many government weapon systems, sustaining software depends heavily on organic engineering efforts. This is different from hardware sustainment (the more traditional form of sustainment), which often depends heavily on the supply chain and service providers and much less on engineering capability. Because of this shift, a larger portion of sustainment funding needs to be allocated to improvi...

Investing in health.