DAN ARIELY

Updates

May 10, 2014 BY danariely

Here’s my Q&A column from the WSJ this week  and if you have any questions for me, you can tweet them to @danariely with the hashtag #askariely, post a comment on my Ask Ariely Facebook page, or email them to AskAriely@wsj.com.

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Dear Dan,

I work for the central organization of a large church, and my job includes dealing with “crooked” priests of one form or another. For now, let’s think only of the embezzlers, of whom there are, sadly, far too many.

This got me thinking about the experiment you and some colleagues ran a few years ago, which showed that levels of cheating plummeted when participants were asked to recall the Ten Commandments right before taking a test. As you wrote, “reminders of morality—right at the point where people are making a decision—appear to have an outsize effect on behavior.” 

Your own Ten Commandments experiment suggests that a priest who, as a matter of daily or weekly ritual, recites religious teachings should be highly moral. But I see every day that this isn’t so.

What’s going on here? Can repetition cause “creed fatigue”?

—Simon

As you pointed out, our experiments show that people became more honest when we got them to think about the Ten Commandments, swear on the Bible (which, interestingly, worked for atheists too) or even just sign their name first on a document.  But our experiments were a one-shot exercise, and we don’t have data about what would happen if we repeated them over time.

Even so, I would guess that as such actions (including rituals) become routinized, we would stop thinking about their meanings, and their effect on our morality would drop. This is why I recommend that universities not only set up honor codes but have their students write down their own version of that code before writing each exam and paper—thereby minimizing the chances that these could become thoughtless habits.

Such procedures would be hard to implement in a religious setting, of course, so I’m not sure I have an easy answer for you or your church. Maybe your role should be to try to give the priests more clear-cut rules, reduce their ability to rationalize their actions and eliminate conflicts of interests.

Still, on a more optimistic note: Have you considered the possibility that these rituals are in fact having a positive effect—and that without them, these individuals would behave far worse?

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Dear Dan,

Out at a bar recently, I met someone who told me that he did not believe in the soul. I immediately asked him if he would sell his to me.  We ended up agreeing on a price of $20. I paid up, and he wrote a note on a napkin giving me his soul.

Now, I don’t believe in an afterlife, but I also can’t help but believe that there is an exceedingly small chance that a soul could have an infinite value. So $20 seemed a reasonable hedge. Did I pay too much, or did I get a good deal?

—Carey

Well haggled. Your logic here is reminiscent of what is known as Pascal’s Wager, after the philosopher who figured that if there was even a small probability that God and heaven exist (which means infinite payoff for being good), the smart move is to live your life this as it were true. But you got a good deal here for three other reasons. First, discussing this trade had to have been far more interesting than the usual bar chitchat, so if you value the quality of your time, the $20 was a good investment even if souls turn out not to exist. Second, you now have a great story to reflect on for a long time, which is also worth a lot.  And finally, you are now the proud owner of a soul.  But if all of these reasons don’t convince you, send me the soul, and I’ll pay you back for it.

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Dear Dan,

At what point do people have to “act our age”? At 73, my wife and I still enjoy our sex life, are physically active and dress the way we did when we met more than 30 years ago. But most of our contemporaries dress like old people, act with gravitas and aren’t doing well in the weight department. What to do?

—Aaron

Move to Berkeley.

 

See the original article in the Wall Street Journal here.

May 8, 2014 BY danariely

vegetarian2 (1)When I meet someone new, I’m pretty open in the first “getting to know you” conversations. I’ll freely offer up information about my career, hobbies, reality TV preferences, and even my sexuality. But there is one topic I avoid discussing for as long as I can get away with — I’m vegan.

It might happen when I turn down a bite of birthday cake for the third time or have trouble mustering interest in going to a restaurant whose sole vegan option is a deflated pile of aging lettuce, but eventually, it comes out. If I’m lucky, reactions are something like, “You’re missing out on so much!” or, “Good for you, but I could never give up bacon.” Other times, though, their face darkens and the inquisition begins: Why are you doing that? Aren’t you worried about getting enough protein? If I paid you twenty dollars, would you eat this burger? It’s not like you’re making a difference, you know that, right? It’s as if the words “vegan” and “vegetarian” are triggers that open up a store of pent-up opinions about food politics and morality.

This reaction of general negativity is not just in my head, either—a paper by Julia A. Minson and Benoît Monin sheds some light on why people might have curiously strong reactions to vegetarians. Their paper, “Do-Gooder Derogation: Disparaging Morally Motivated Minorities to Defuse Anticipated Reproach,” investigates how and why people who eat meat act negatively towards those that don’t. They conducted several experiments asking meat-eaters about their feelings about vegetarians and their morality.

The authors asked meat-eaters to generate a few words they associated with vegetarians. Unsurprisingly, 47% of participants came up with at least one negative word (like “malnourished” or “self-righteous”). When asked, participants also felt that most vegetarians would view themselves to be more moral than the average meat-eater.

The most interesting part of Minson and Monin’s findings, though, was that the more morally superior participants judged vegetarians to be, the more negative words they attributed towards them. For this reason we might be more accepting of the vegetarian that sighs, “I’d love to eat meat, but right now doctor’s orders say no,” than the one in a PETA shirt.

The researchers attributed this effect to what is called “Do-Gooder Derogation,” or our tendency to put down others if we feel they are morally-motivated. When someone’s behavior is overtly moral, we often feel annoyed and resentful, rather than impressed or inspired. Minson and Monin see this as a result of “a knee-jerk defensive reaction to the threat of being morally judged and found wanting.” In other words, when we see someone riding on their moral high horse, we assume that they’re accusing us of being immoral by comparison. No one wants to think of themselves as a bad person, so we naturally respond defensively with resentment and derogation.

While I can’t speak for all vegetarians and vegans, let me assure you that there’s no moral judgment on my part. I think we’ve all got the right to eat (or not eat) whatever we so choose. So let’s make a deal: I’ll eat my veggie burger, you eat your steak, and we’ll both struggle valiantly not to heckle the yuppie charging his Tesla.

~Comic and post by M.R. Trower~

Source:

Minson, Julia A., and Benoît Monin. “Do-gooder derogation disparaging morally motivated minorities to defuse anticipated reproach.” Social Psychological and Personality Science 3.2 (2012): 200-207.

May 5, 2014 BY danariely

SculptureComic1

May 13 – May 31, the “DIY: The Magic of Making / Anti-Precision” exhibition, formerly on display at the Center for Advanced Hindsight, will be on view at Liberty Arts.  This exhibition showcases artwork created as collaborations between student artists and science professors at Duke and UNC.

Research shows that when we expend effort in creating something, we place a higher value on the fruits of our labors than similar products that we had no hand in making. Also known as the IKEA effect, this phenomenon explains why we have such an affinity for our own creations but fail to fully appreciate the works of others.

“DIY: The Magic of Making / Anti-Precision” takes an introspective look at the science of producing art, with a twist. Rather than one artist creating one piece of art, two minds worked together to forge a partnership between unlikely pairs: student and professor.

In the UNC branch of this collaborative project, art students in elin o’hara slavick’s “Visualizing Science” class matched themselves with science professors to create a work of art together that was inspired by the professors’ research.

Stop by the Third Friday Opening Reception on May 16th from 6-9 pm at Liberty Arts, 923 Franklin Street, Durham NC 27701 to meet the artists, the professors, the Center for Advanced Hindsight researchers, and other art-science enthusiasts!

The exhibition will be open to the public on May 13 – 31 subject to staff availability.  Please contact the exhibit curator Catherine J Howard at artisticallyirrational@gmail.com in advance to confirm the exhibition’s open hours.

Learn more about the Artistically Irrational exhibition series at http://artisticallyirrational.ssri.duke.edu/.

May 5, 2014 BY danariely

The Truth Box is a traveling story booth where we invite participants to share the truth about a lie they’ve told. These personal stories will be recorded and ultimately shared online. The Truth Box installation recently premiered at the Games for Change Festival, and is now in YouTube’s reception area in the Chelsea Market (75 9th Avenue) in New York City. If you are in the area, stop by and share your truth!

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photo - Version 2truthbox2a

May 2, 2014 BY danariely

Sometimes the Wall Street Journal does not like my responses, but I would like to share this one with you, my loyal readers. You will not find this in the official Ask Ariely column.

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Dear Dan,

What do you make of the recent boycotts of Israeli Academics by organizations such as the American Studies Association?

—Karen

I want to make sure that I am careful and not too emotional in this response, so please forgive me if I am extra cautious in expressing my underlying feelings. With this disclaimer, here it goes: I think it is one of the most stupid and counter-productive moves imaginable (yes, this was reserved).

In my mind, academics represent the best example of a functioning international community. Academics cross social, economic, cultural, political, and ideological boundaries. We teach students from all over the world, we work with colleagues from all over the world, we build our work on the research of other colleagues, and we often work on problems that are global in nature.

With this in mind, when an organization such as the American Studies Association comes out with a call to boycott all Israeli academics – myself included – I am left with the feeling that I have severely underestimated the potential for human stupidity.

 

Hoping for a better day and more wisdom

Irrationally yours,

Dan

May 2, 2014 BY danariely
Screen Shot 2014-05-02 at 11.37.25 AM
Dan Ariely as a Jedi for Jared Wolfe’s Graduation

This Sunday is “May the Fourth Be With You” Day or more commonly known as “Star Wars Day.” Our graduate student Troy Campbell combines his research and personal experience to analyze why this day and Star Wars itself means so much to many. 

In an epic South Park finale episode, Kyle Broflovski argued the importance of Star Wars, saying:

“It’s all real. Think about it. Haven’t Luke Skywalker and Santa Claus affected your lives more than most real people in this room? They’ve changed my life – changed the way I act on the earth. Doesn’t that make them kind of real? They might be imaginary but, but they’re more important than most of us here. And they’re all gonna be around here long after we’re dead. So, in a way, those things are more real than any of us.” (quote shortened)

Maybe this seems a little hyperbolic, but on May the Fourth, the official Star Wars Day, the idea doesn’t seem so far off. This day drives home the point every year — Star Wars matters a lot to a lot of people.

On “May the Fourth Be With You” Day, droves of Americans will dress up and celebrate, and I will be one of them. On no other day of the year will I don any cultural garb, but on this Sunday I’ll show up to Durham’s large Star Wars Day festival with a replica lightsaber at my side.

So many Americans have massive cultural festivals like Holi and Cinco de Mayo, or even Coachella. But I just have May the Fourth. It’s my day to dress up and be immersed in myths and narratives. The Greeks had the Gods of Olympus, my Texas friends have the army of the Alamo, and my Coachella friends have the mythical band Neutral Milk Hotel. But me, I have the Skywalker family. I am, of course, exaggerating — but only a little.

For many Americans, even if they are part of other cultural groups, Star Wars is still a big part of their cultural landscape, their lingo, and even their fantasies. In a recent Duke University research project on consumer culture, we found that most adults who love Star Wars have as adults also fantasized about being a Jedi. Star Wars is more than a fictional world we observe, it’s a world we are part of. People dress up as ghosts for Halloween, but on May the Fourth, they don’t just dress us as Jedi Knights, they pretend to be Jedi Knights — even if only privately in their minds.

Yet May the Fourth is not just about individual fantasy, it’s about connection. Star Wars remains the most popular way sci-fi and fantasy nerds of all kinds connect. Though Marvel, the works of Joss Wheadon, Tolkein, Doctor Who, and Star Trek contest in nerd culture, Star Wars reigns supreme. Star Wars is a cultural icon for many reasons, but a main reason is its simplicity and the fact that it’s easier to “master.”

Though Star Wars is full of prequels, video games, cartoons, and a recently nullified Expanded Universe, at the heart of Star Wars, there are just three movies that almost everyone has seen. And if you know those three movies well, then you can consider yourself a Star Wars master. Some nerds will disagree with that and say if you don’t know everything about Star Wars Legends Mara Jade or robotic Darth Maul then you aren’t a true Jedi Master. But for most of us, the original trilogy is all we need to feel like a master. And feeling like a master of Star Wars feels good.

When people feel a sense of “mastery” over objects, concepts, and stories, they tend to like, love, and identify with those stories and things. As the psychologist Lita Furby theorized, “That over which I exercise… control becomes a part of my sense of self.” Over the past decade, projects lead by researchers at Harvard University, the University of British Columbia, and here in our center at Duke University have begun to find empirical support for the emerging psychological concept of mastery and the positive effects it can have on ownership, identity and happiness.

Star Wars has become something we don’t just physically own on Blu-Ray; it’s something we own in concept. It’s part of our extended self. It’s a cultural touch point for us where we grow and exercise our mastery of its fiction and mythos. It’s how we connect with others in the present, it’s part of the memories we have of our past selves, and it’s part of the fantasies we have for our mythical future selves.

As human beings we long to become part of something bigger than ourselves. For many people Star Wars can in many ways serve as this bigger thing. When celebrating and consuming the massive culture phenomenon and community that is Star Wars it is hard not to feel as though you are truly caught up in the magical force. So this Sunday, no matter if you celebrate with full cosplay, a movie marathon, or just a tweet, I hope that this magical force may be with you.

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If you like Troy’s thoughts on Star Wars you may also like his academic perspective on nerd culture in articles such as The Magic Stars Wars Episode VII Needs to Recapture, How to Love Movies Kids Do, and his psychological analysis of the Fantasy Vessel Theory in movies.

April 30, 2014 BY danariely

Seinfeld is one of the most popular American TV shows, created by Larry David and Jerry Seinfeld. In one episode, George Costanza, the best friend of the main character, offered some advice about lying—some lies are not technically lies when taking into account the specific situation. Here is George’s list of 14 justified lies:

1. It’s not a lie if you believe it.
2. It’s not a lie if it doesn’t help you.
3. It’s not a lie if it hurts you.
4. It’s not a lie if it helps someone else.
5. It’s not a lie if it doesn’t hurt someone else.
6. It’s not a lie if everyone expects you to lie.
7. It’s not a lie if the other person knows the truth.
8. It’s not a lie if nobody can prove it.
9. It’s not a lie if you don’t get caught.
10. It’s not a lie if you don’t need to tell another lie to cover it up.
11. It’s not a lie if you were crossing your fingers.
12. It’s not a lie if you proceed to make it true.
13. It’s not a lie if nobody heard you say it.
14. It’s not a lie if nobody cares.

We were interested in whether people agreed with Costanza’s point of view. Do they justify these 14 behaviors? Do they believe lies are not technically lies if you don’t believe them, they don’t help you, and so on? To test these ideas, we made a short survey and released it through our “Sample Size Matters” App. Users indicated to what extent they agreed with each of George’s statements about lies on a scale of 1 to 7, 1 being strongly disagree and 7 strongly agree.

911 participants completed our survey, and, surprisingly, all of the statements were rated below a 4 (the mid-point of the scale), which means that people on average disagree with Costanza’s point of view. Additionally, the statements with the highest scores were “It is not a lie if you believe it” (mean=3.81) and “It is not a lie if you proceed it to make it true” (mean = 2.98).

Do these results suggest that people disagree with Costanza’s list of justified lies? Not necessarily. Our views about dishonesty may very well change depending on whether we’re the ones being dishonest—perhaps we believe these rules only when trying to justify our dishonesty.

Mazar, Amir and Ariely (2008) put forward a theory of dishonesty—individuals behave dishonestly enough to profit but honestly enough to maintain a sense of their own integrity. This is what they called the ‘self-concept maintenance theory’ and possibly explains Costanza’s rationalization.

At the end of our survey we asked participants to indicate what other situations they wouldn’t consider lying, and they came up with a lot of creative suggestions such as “It is not a lie if you miss the important details”, “It is not a lie if it is a joke or an irony”, “It is not a lie if it makes someone happy” and “It is not a lie if your salary or job depends on it.” Everyone could come up with at least one or two lies that are justified! Can you?

~Ximena Garcia Rada~

References
Mazar, N., Amir, O., & Ariely, D. (2008). The dishonesty of honest people: A theory of self-concept maintenance. Journal of marketing research, 45(6), 633-644.

 

April 26, 2014 BY danariely

Here’s my Q&A column from the WSJ this week  and if you have any questions for me, you can tweet them to @danariely with the hashtag #askariely, post a comment on my Ask Ariely Facebook page, or email them to AskAriely@wsj.com.

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Dear Dan,

Why do young people on dates go to loud, crowded places? The dim light prevents the couple from talking to each other and eliminates any possibility that they will actually get to know one other better. So what’s the point?  

—Amanda

Have you considered the possibility that these daters are not interested in getting to know each other better?
More seriously, noisy and crowded places help daters in many ways—most clearly by masking awkward silences.  If the could-be-couple runs out of topics from time to time, they can have the illusion that the silence isn’t due to their inability to keep up a lively conversation and chalk it up to the difficulty of talking over the music or their fascination with the song being played.
A second benefit of such date venues: The noisy surroundings give couples an excuse to get physically closer to each other in order to be heard. A loud bar may even give them permission to talk into their date’s ear. (Permission to nibble is up to the date.)
Finally, music and crowds have been found to be very effective in creating general arousal. Yes, arousal. With noise and people all around them, our daters may feel more aroused as well—and, more importantly, they may attribute this emotional state to the person they’re with. (Social scientists call this “misattribution of emotions.”) To the extent that people confuse the emotions created by the environment with the emotions created by the person sitting next to them, going out to loud, busy places could well be a winning strategy. I hope this explains the mystery—and inspires you to start going on dates in noisy places.

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Dear Dan,

How should I maximize my return on investment at an all-you-can-eat buffet? Should I go for dessert first and then hit the entrees? Or should I stick to the salads and pick only healthy foods from the main courses?

—Syed

I appreciate this return-on-investment, or ROI, mindset, but in food, as in all other areas of life, we must focus on the right type of returns.  Your question seems to focus on the short-term returns, not the long-term ones.  If you go into a buffet trying to maximize your short-term ROI, you might gulp down more food, but then you’ll have to deal with the long-term effects of spending extra hours in the gym or packing on the pounds—downsides that take away the fun of the buffet. Also, avoid the common mistake of trying to maximize the cost of the food to the buffet’s operators.
Instead, I would stick to a balanced and mostly healthy diet. But since many buffets boast a large assortment of dishes, I would make some exceptions and sample a delicacy I’d never tried before—just for the experience.

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Dear Dan,

What is the function of the “Like” button on Facebook posts?  Why doesn’t the site have options for “Dislike” or “Hate,” for example? 

—Henry

Facebook’s “Like” button is much more than a way for us to react to other people.  It is a social-coordination mechanism that tells us how we can respond. It gives us feedback on what is OK (and not OK) to post and generally tells us how to behave on Facebook.  Adding buttons such as “Dislike” or “Hate” would probably destroy the social network’s positive atmosphere. But I’d favor adding a button for “Love.”

See the original article in the Wall Street Journal here.

April 25, 2014 BY danariely

Imageby Troy Campbell

Today, many individuals, governments and businesses are eager to use behavioral economics to improve lives, happiness, and profits. So, how can one get a good beginning handle on behavioral economics? Reading up and taking a class can never substitute for years of education in the topic, but taking these five steps can help improve your general thinking, help you better communicate with behavioral experts, and help you develop an experimental mindset.

 

So what is behavioral economics? (A quick run down)

Behavioral economics, or behavioral sciences, applied psychology, business psychology, decision making, or whatever title you prefer, is the study of human irrationality, decision making, self-control, and emotions.

This past year has served as a symbolic victory for the field. Daniel Kahneman, widely considered the founder of the field, released the book Thinking, Fast and Slow and won the Medal of Freedom, the highest civilian honor in America, to go along with his International Nobel Prize. The United States government also opened a “Behavioral Insights” team with the goal of integrating behavioral research into government policy.

Behavioral science is becoming a staple in business and public policy. Energy companies use social comparison with neighbors to reduce energy consumption and businesses help people “save more tomorrow” by having them commit to automatic enrollment in the future. Rather than just assuming that people will save energy and manage their retirement with perfect rationality, behavioral economics accepts and defends the idea that people will not always be motivated by rationality or cash alone. Instead, it examines what actually motivates people.

Alright, so most likely you don’t have time to hire your own private behavioral insights team. So, what can you do? Here’s how to improve your understanding a little bit.

#1 Accept that humans are irrational.

ImageIn his book Critical Decisions, behavioral scientist Peter Ubel concludes that humans are neither completely rational nor completely irrational, but argues that people attempt to understand others logically far too often.

For instance, how many times have you tried to logically argue with a friend or co-worker? Did it go well? Probably not. Why? Because logic does not exclusively dictate human behavior. Emotions, self-control, and a person’s life history greatly influence behavior.

One big takeaway from behavioral science is that we must continually consider factors other than rationality that can influence people’s behavior. So step one: remember people are irrational and that logic alone will rarely win the day.

#2 Think about your own psychological quirks.

ImageOne of the best ways for us to recognize irrational behavior in others is to first recognize it in ourselves.

You may have noticed that you tend to be less rational when you’re tired. You may have noticed that you sometimes act with prejudice. For instance, just think of the last time you saw someone wearing a jersey from an opposing sports team. Did you automatically assume negative things of them? Understanding how you, (presumably) a good and sane person, can commit errors in judgment will allow you to see, understand, and empathize with others’ all too human behavior.

Starting to understand patterns of irrationality or imperfect decision-making can help you understand people’s “predictable irrationalities” – the ways in which people act predictably like humans rather than rational perfect machines.

#3 Watch science on TED.com.

ImageTED.com has a collection of behavioral economics talks, which are great for understanding the mindset of a behavioral scientist. The talks cover topics such as how to think about happiness, memory, honesty, or decision-making. Start with talks by Rory Sutherland, Daniel Kahneman, or the Center for Advanced Hindsight captain, Dan Ariely, and you will start to get into the mindset. From there, click the related videos. After a couple hours of those videos, you will be ready for some reading.

 

#4 Starting reading. And here’s what to start with.

ImageBooks – To begin, start with a hit from the behavioral sciences such as Thinking, Fast and Slow or Predictably Irrational. Books with fantastic prose from authors like Malcolm Gladwell are good to check out, but it is best to start with a book that intensely focuses on the research. This will help you build a solid foundation.

Online – Next follow a blog or twitter account from at least one of these behavioral experts: @Nudgeblog, @DanTGilbert, or @RorySutherland (there’s lots more but these are three random ones to give you a good start). By following the experts, you may also have access to occasional live twitter conversations between them — another entertaining way to learn. And, of course, follow the lab @advncdhindsight‎ and @DanAriely.

Local – Locate professors at your local university who conduct behavioral economics, social psychology, or decision-making research. Follow their blogs, check out their university talks, and even get some face time with them at local events. Academics are generally pretty open, so go spend time with them!

#5: How to read. – This one is important!

ImageDo not binge and forget. Instead, spread out your reading. Due to the availability bias in human reasoning, things that you learn and even know deep in your memory may not be “on top of the mind.” Just because you learned something once doesn’t mean you’ll be in the state of mind to always use that knowledge.

Reading a little but often keeps behavioral economics on the top of your mind. So, when you encounter a situation where someone is acting odd, the behavioral economist inside of you will always be primed and ready to interpret the situation.

 

A final reminder

However, we remind you that even a person with Ph.D in behavioral economics can’t always predict what exactly will happen. Science is about consist using hindsight to improve foresight. Not matter how much advanced hindsight you’ve paid attention to life, there can never be enough. That’s why it is also important to always put your hypotheses to a test. If your in a business try an experiment or use online survey polls (e.g. Mechanical Turk) to get some initial data or feedback. Thinking like a scientist means being comfortable with the fact you don’t know everything.

Those who realize how much they don’t know will end up knowing the most.

 

 

April 15, 2014 BY danariely

Procrastination (from the Latin pro, meaning for; and cras, meaning tomorrow) is one of our most common, but least welcome, partners in life. In its most common form, procrastination takes place whenever we promise to finish a project by the end of the week, just to watch deadline zoom by. But, more broadly, procrastination is also why we decide to start saving more money, exercise more regularly and watch our diet—but fail to follow through time after time.

To consider procrastination in a general way, imagine I asked you to smell some amazing chocolate and then gave you the following choice: would you rather have half a pound of chocolate right now or one pound of it in a week from today. When asked the question this way, most people take the smaller amount of chocolate right now, implying that it is not worthwhile to wait a week for another half a pound of chocolate. But, what if I focused on the distant future and asked you if you would rather have half a pound of this chocolate a year from now or a pound of the same chocolate in a year and a week from today? When asked the question this way, most people say they would be happy to wait the additional week. Both setups are really asking the same question: is it worthwhile for you to wait a week for another half a pound of chocolate — but they don’t feel like the same question. In the first scenario we can almost taste the chocolate and want it right now, but in the second scenario we are not emotional and just think about the value of the larger amount of chocolate relative to the cost of waiting a week.

This is what procrastination is all about. When we think about our life in general we see the benefits of getting our work done on time, saving for retirement, eating better and other good habits. Yet when we face the decision about right now, we get tempted and too often follow our immediate desires and not what it is good for us in the long-term.

Why am I discussing procrastination? It’s never more apparent than on April 15, which should really be called Procrastination Day, when hoards of people finally file their tax returns. Tax Day is a natural celebration of procrastination. I hope we will use the lessons from this day to reflect on procrastination, and hopefully learn something.

One such lesson is the link between procrastination and diminished productivity. Imagine it is the first of April, and you have to work on your taxes. You have an amount of paperwork that would take you 15 days to complete if you worked on it for one hour a day. On the first of the month you are not that excited about looking at all the receipts and forms so you direct your attention to something else. The next day you work on your taxes a bit, but at some point you open Facebook, and the hour you dedicated to the task is gone. The next few days have their temptations, and on the 13th of the month you realize that you have made very little progress so far. Now, if you worked on your taxes for an hour every day, it would take 15 hours of your time, but the nature of productivity is such that we get a lot of output in the first hour on a task, less during the second hour, less in the third hour and so on. (This is what is called diminished productivity.) So now, the amount of work that you could have done in 10 sessions of one hour each would take you not 10 hours but 20. You spend most of the day on the 13th, 14th and 15th working very hard and making slow progress. You finish at some point late on the 15th and rush only to spend hours in the post office to mail your taxes to the IRS. You promise never to do this again, to start early next year and not procrastinate – but will you?

So, let’s take advantage of this massive experiment. (You can’t convince me that the US tax system and Tax Day are not part of a large scale experiment by some evil social scientist!) Let’s make a promise to be better about our finances, taxes and procrastination in general. Let’s make a pledge to put time on our schedules to start large tasks earlier and stick to our plans. (And while we are at it, let’s also remember that we are often overly optimistic about what we can achieve, and buffer our plans by 20-25% to compensate for this bias.)

The point is that when it comes to the different types of procrastination, we are our own worst enemies. We are paying a high price for this behavior, and it is time we start controlling this beast.

Happy Procrastination Day.