"Evidence shows that people may be biased towards seeking short-term rewards at the expense of greater long-term benefits. Several factors influence how biased people are likely to be towards the present. Understanding these could inform policies that encourage individuals to make important life choices that affect their own long-term interests. This note reviews evidence on the influence of time in decisionmaking, and looks at the implications for policy domains such as pensions, health and consumer affairs." Source: UK Parliamentary Office of Science and Technology
Download full pdf report | Link to online abstract at UK Parliamentary Office of Science and Technology
No comments:
Post a Comment