What Exactly is ‘the Future’?
UCLA Anderson’s Hal E. Hershfield and the University of Toronto’s Sam J. Maglio, in an upcoming paper in Journal of Experimental Psychology: General, explore that question and how it affects decision making.
The more we relate to our distant future selves, the more compelled we are to save for retirement, go to the gym and do other things that will enhance our lives as older people.
Those actions, of course, are balanced against our desire to spend and behave in ways that maximize enjoyment of the present. Which raises a question less explored in academic research about delayed gratification: When, exactly, does your present end and your future begin?
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