self-control

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Empathizing With Future Selves

We’re generally poor at predicting how events will impact future states of happiness. And yet, if we’re going to make good decisions in the present, we need to empathize with our future selves at some level. How can we reconcile this? The answer may lie with art, visualization, and social cognition.

Relatively Tempting: Calorie Difference, Self-Control and Food Choices

Obesity has become a health crisis in many countries. Some governments have begun to mandate the display of calorie information on fast-food menus. However, research has offered mixed results regarding the effect of calorie information on consumed calories. This may be partly explained by two opposing forces: the calorie content of food alternatives and the relative calorie distance between food items. New research reported here suggests that the impact of calorie information depends on the relative magnitudes of these two variables.

Behavioral Economist, Behave Yourself

Using cognitive mechanisms (commitment, loss aversion, social norms and suchlike), I hacked myself to boost my motivation for exercise and healthy habits, get in shape and lose 15 kilos (33 pounds)… all in a record six months.

Exerting Self-Control ≠ Sacrificing Pleasure

In the typical self-control experiment, participants are given a choice between a hedonic vice-food (e.g., chocolate) and a utilitarian virtue-food (e.g., fruit). Choosing the hedonic vice is interpreted as a self-control failure. We argue that self-control failures are better captured as choices that violate one’s long-term goals and induce regret. Accordingly, the consumption of hedonic food is not necessarily a self-control failure, and self-control does not necessarily entail a trade-off between pleasure and health. Our conceptualization has far-reaching consequences for consumers and policy-makers who try to help consumers exert self-control.

Mental Money: The Psychology of Subscription Payment Options

What goes through your head when choosing between different payment options?

Why Financial Education Needs a Primer in Behavioral Science

Many people are struggling financially. Figures from the Money Advice Service and DWP show that half of people say that they are worried about their finances, four in 10 people say that they could not easily cover an unexpected bill of £300, and 40% working age people in the UK face inadequate incomes in retirement. [...]

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