Navigation Links
Short-Term Gains Get in the Way of Good Decisions
Date:4/2/2010

Holding out for long-term benefits is difficult, study finds

FRIDAY, April 2 (HealthDay News) -- Even when they have complete information, people tend to make poor choices by selecting short-term satisfaction over long-term benefits, according to new research.

The study included 78 volunteers who used a computer program that repeatedly gave them two options that allowed them to accumulate points. One option offered more points immediately, but the other option could lead to more points later on in the experiment. The participants were given a financial incentive to get as many points as possible.

People who were offered full and accurate information about what they would have to give up in the short term in order to accumulate more points in the long term chose the quick payoff twice as often as those who received false information or no information, the researchers found.

The study was published online in March in the journal Judgment and Decision Making.

"You'd think that with more information about your options, a person would make a better decision. Our study suggests the opposite," Bradley Love, an associate professor at the University of Texas at Austin, said in a news release. "To fully appreciate a long-term option, you have to choose it repeatedly and begin to feel the benefits."

The long-term benefits of decisions can be reinforced by tangible rewards, such as a good school grade, a raise or a promotion. These benefits can act as signposts of long-term success and help people overcome the strong desire for short-term gain, Love explained.

"If there were no conflict in our choices, this wouldn't be a problem. But everything has that conflict between short-term and long-term goals. It's really hard for a learning system to disentangle what's good for you in the short term or long term," he said.

More information

To learn about teens and decision-making, visit the American Academy of Child & Adolescent Psychiatry.



-- Robert Preidt



SOURCE: University of Texas at Austin, news release, March 31, 2010


'/>"/>
Copyright©2010 ScoutNews,LLC.
All rights reserved

Related medicine news :

1. SNM calls Congress passage of fix for sustainable growth rate a short-term solution
2. Short-term radiation therapy successful on breast cancer
3. WHI data confirm short-term heart disease risks of combination menopausal hormone therapy
4. Los Angeles Jewish Home Adds Short-Term Rehabilitative Care to Family of Services
5. Short-Term Drug Combo May Help Prevent Colon Cancer
6. Short-term program for binge eaters has long-term benefits
7. Short-Term Program for Binge Eaters Breaks New Ground
8. Global Aids Alliance Celebrates the Introduction of the International Violence Against Women Act, Urges Swift Passage
9. More than 30 Percent of Seniors Are Not Immunized Against Pneumonia in 36 States; New Report Finds Low Adult Vaccination Rates in U.S.
10. More than 30 percent of seniors are not immunized against pneumonia in 36 states
11. Acupuncture found effective against depression during pregnancy
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/21/2017)... ... 21, 2017 , ... Hospital M&A activity slowed in the second quarter of ... acquisitions rose to 23 in the second quarter, up 15% from the 20 publicly ... announced deals in the year-ago second quarter. Only four of the transactions disclosed a ...
(Date:7/21/2017)... ... ... The House of Yahweh in Abilene, Texas, has written a new post this week that ... to be more open about positive changes. Yisrayl says the use of force is not ... positive way to solve all; yes, all issues, and he is ready to share this ...
(Date:7/21/2017)... ... ... “Kids aren't born knowing how to regulate their emotions any more than ... St. Louis-based positive education company Generation Mindful. To help with that daunting task, she ... , The kit uses colorful, engaging and educational illustrations and games to teach children ...
(Date:7/21/2017)... ... July 21, 2017 , ... In the ... from the Multicenter Orthopaedics Outcome Network (MOON) demonstrated that patients could perform sports-related ... though activity levels decline over time. The study, presented today at the ...
(Date:7/20/2017)... ... July 20, 2017 , ... TransPixel Volume 2 is a set of ... FCPX timeline. This effect isolates horizontal and vertical lines of pixels and sorts their ... rotating or flipping animation and can be changed using a drop-down menu. Create amazing ...
Breaking Medicine News(10 mins):
(Date:7/12/2017)... Lilly and Company (NYSE: LLY ) has entered ... patent litigation in the U.S. District Court for the Eastern ... ® (tadalafil) unit dose patent. This patent was previously ... the agreement, Cialis exclusivity is now expected to end at ... dose patent for Cialis is valid and infringed by companies ...
(Date:7/11/2017)... July 11, 2017  Dr. Echenberg, founder of Echenberg Institute, is announcing ... patients who suffer from painful intercourse and other painful pelvic pain conditions ... due to menopause. ... VuVatech LLC ... Sarasota, Florida -based start-up company, VuVatech LLC, fills a ...
(Date:7/10/2017)... -- The tenth annual BioPharm America™ will take ... the Sheraton Boston Hotel, September 26–27. The event will ... makers and innovative biotech startup companies. The event is ... impactful days. BioPharm America is now part of Biotech ... with 4,500+ life science industry influencers participating in 8+ ...
Breaking Medicine Technology: