Re:The Marshmallow Test: What Does It Really Measure?
by denzil_correa on Sunday June 03, 2018 @04:55AM
(#17218628)
Yup - research seems to clearly indicate that financial stress has a significant effect on decision making.
> Contrary to the refrain that bad decisions lead to poverty, data indicate that it is the cognitive toll of being poor that leads to bad decisions. And actually, decisions that may seem counterproductive could be entirely rational, even shrewd.
...
> Even for people who are not in poverty, financial pressures can affect decision-making—and some companies are taking steps to address that.
> Contrary to the refrain that bad decisions lead to poverty, data indicate that it is the cognitive toll of being poor that leads to bad decisions. And actually, decisions that may seem counterproductive could be entirely rational, even shrewd.
...
> Even for people who are not in poverty, financial pressures can affect decision-making—and some companies are taking steps to address that.
http://review.chicagobooth.edu/behavioral-science/2018/artic...