2min chapter

No Stupid Questions cover image

Do You Savor or Gobble? (Ep. 91 Replay)

No Stupid Questions

CHAPTER

The Importance of Utility in Economics

In the Marshmallow task, it's super clear that you really, really, really unambiguously want to delay. I do think there's another concept from psychological science called anticipatory utility. It's actually more from economics. The gap between psychology and economics is getting smaller and smaller. Shrinking every day before our eyes.

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