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Home / New Zealand

$100 now or $200 later? The science of self-control

NZ Herald
30 Aug, 2017 09:20 PM2 mins to read

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A Victoria University experiment asked participants whether they'd rather take $100 now - or wait a year and get $200. Photo / File

A Victoria University experiment asked participants whether they'd rather take $100 now - or wait a year and get $200. Photo / File

Would you take $100 now, or wait a year and get $200?

That's one experiment a Kiwi psychology researcher has used while investigating how to help people be more self-controlled - and focus on long-term gain rather than immediate rewards.

Many of us often struggle with working towards long-term goals sometimes, whether it's studying, healthy eating, exercise, quitting smoking or saving money, Victoria University PhD student Rebecca Olsen said.

"Delayed rewards are a contributor to many impulsive behaviours such as student procrastination, gambling and drug abuse," she said.

"For example, when students procrastinate they are choosing a smaller, immediate reward, such as watching television, over larger rewards that are received in the future, like getting a good grade.

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"I have seen many students, including myself, struggle to overcome academic procrastination - so it became a topic I was drawn to for my postgraduate studies."

Olsen said pinpointing how to help people be more self-controlled in these types of situations would be beneficial for many.

"The act of imagining personal, future events has shown to help people make more self-controlled decisions.

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"This means vividly imagining an event that will happen when you have achieved the long-term goal you're working towards.

"I want to find out how reliable and robust this effect is, and to understand what it is about this act that may help us to be more self-controlled."

Olsen has replicated the self-control enhancing effect of thinking about the future in her experiments.

She has also investigated how well people understand the effect of immediate rewards on their own behaviour.

"We asked participants to make a choice - if they would rather have $100 now or $200 in one year.

"Many of them chose $100, even though they also stated that receiving the delayed, bigger amount would make them happier on a separate questionnaire.

"This tells us that we don't always know how difficult it is to make the self-controlled choice until we're faced with it."

Next, she plans to investigate whether imagining past events also helps people be self-controlled.

Olsen presented her study at the 2017 New Zealand Association for Behaviour Analysis conference, held at the university's Kelburn campus.

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