Posts Tagged ‘Walter Mischel’

  • Behavioral economics and the marshmallow experiment on delayed gratification.

    What You Can Learn From the Marshmallow Test

    Oct 24, 13 • 1100 Views • No Comments

    Forty years ago, psychologist Walter Mischel began studying delayed gratification by giving young children a choice. A child and a single marshmallow were left in a room. The child could have one marshmallow now or two when the adult returned minutes later....  [read more]

  • Amazon Prime and Delayed Gratification

    Nov 9, 12 • 293 Views • No Comments

    Would you rather pay $79.00 or $95.88 for the same service? Amazon just figured out how to get the $95.88 from some people. People who sign up for Amazon Prime get “free” (but we know there is no such thing as “free”) 2 day shipping, access to kindle...  [read more]

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    Will Power and Wealth

    May 22, 11 • 234 Views • No Comments

    Observing young children, scientists believe they can predict certain adult outcomes. One classic study from the 1960s involved delayed gratification.  A child and a single marshmallow were left in a room. The child could have one marshmallow now or two...  [read more]

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    The Marshmallow Test and Financial Reform

    Jun 27, 10 • 228 Views • No Comments

    Is it possible that the marshmallow test relates to financial reform? As described in a 2009 New Yorker article by Jonah Lehrer and a WNYC Radio Lab podcast, a marshmallow test given to 4 year olds might predict adult behavior. 40 years ago, psychologist...  [read more]