Temporal discounting predicts procrastination in the real world

Temporal discounting predicts procrastination in the real world

People procrastinate, but why? One long-standing hypothesis is that temporal discounting drives procrastination: in a task with a distant future reward, the discounted future reward fails to provide sufficient motivation to initiate work early. However, empirical evidence for this hypothesis has been lacking. Here, we used a long-term real-world task and a novel measure of procrastination to examine the association between temporal discounting a…

Procrastinating on this money move cost me thousands of dollars—actually doing it took 15 minutes

I left my money in an underperforming fund in a brokerage I didn't like because the alternative seemed too complicated.