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esther + economics = esthernomics!
Thursday, September 24, 2009
The Marshmellow Test
A lesson on
hyperbolic preferences
.
New Yorker had an article about it
here!
So, if you're computer has no sound, don't worry. Basically, a woman tells these children that they can eat the 1st marshmellow right away, OR they can wait until she comes back and receive a 2nd marshmellow. She then leaves for a very long time...
The boy in grey shirt (the one who does NOT display hyperbolic preferences) is SOOO CUTE from 2:46-2:53. OMGAHHH. SO FUNNY. I DIE.
1 comment:
n
September 24, 2009 at 2:12 PM
I am trying to keep hyperbolic discounting in mind as I continue my job search. Priorities!
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n
I am trying to keep hyperbolic discounting in mind as I continue my job search. Priorities!
ReplyDelete