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posted by Fnord666 on Saturday June 06 2020, @01:41PM   Printer-friendly
from the git-er-done! dept.

Get it over with, or procrastinate? New research explores our decision-making process:

New research from the UBC Sauder School of Business may have figured out why. The study, published in the Journal of Consumer Psychology, reveals key insights into how excitement, anticipation and dread factor into people's decision-making.

"This stems from the phenomenon known as 'the sign effect'," says the study's author and UBC Sauder assistant professor, David Hardisty. "A person's desire to get positive things right away is stronger than their desire to put off negative ones. However, the timing of when a person wants to handle negative things is less obvious."

Hardisty and his team found that when people look toward positive events in the future, such as an upcoming vacation, they experience pleasure, but also impatience, which makes for a mixed emotional experience.

When it comes to upcoming losses, however, the emotion tends to be all bad -- even if that root canal is far away and life at this moment is good. So rather than postpone those negative events, many prefer to get them out of the way as soon as possible.

"When you're booking a vacation, you're vicariously enjoying the vacation, which is great, but you're also contrasting it with your current situation, which is bad. So you have that mix," says Hardisty. "And for losses, it's more of a unidimensional bad feeling. When you have a dentist's appointment coming up, you don't like thinking about the pain in the dental chair."

Journal Reference
David J. Hardisty, Elke U. Weber. Impatience and Savoring vs. Dread: Asymmetries in Anticipation Explain Consumer Time Preferences for Positive vs. Negative Events, Journal of Consumer Psychology (DOI: 10.1002/jcpy.1169)


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  • (Score: 4, Insightful) by darkfeline on Saturday June 06 2020, @10:03PM (1 child)

    by darkfeline (1030) on Saturday June 06 2020, @10:03PM (#1004343) Homepage

    This isn't new science, but the evolutionary benefit of procrastination is the possibility that a new opportunity comes up or you obtain new information that allows you to take a superior path.

    Simple example, you want to buy a foo, but you don't need it right this moment. It is usually better to delay buying the foo until either you need it or there's a sale. It is also possible that you stop wanting to buy a foo or a better version of foo becomes available.

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  • (Score: 1, Touché) by Anonymous Coward on Saturday June 06 2020, @10:27PM

    by Anonymous Coward on Saturday June 06 2020, @10:27PM (#1004346)

    That can work against you as well.

    You may *need* foo. But are so willing to wait for deal you miss opportunities. Trust me procrastination is my friend I know his lies well.