Marshmallows and Children a Lesson in Time Preference Theory
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Uploader Comments (justintempler)
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"Hmm... I wonder what it is that is causing these kids to not decide to eat the marshmallow..."
Exactly the problem. This is incomplete on two levels: first, that of explaining WHY it happened. And second, in addition to WHY, how to correct for it environmentally, if that's possible.
"Or is this something that can't be taught? I don't think so..."
Mixture of both. It can be taught, sort of. Depends.
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15 minutes up? Eat it! The little girl did everything right. Problem was, she got TOO into it, which then made for a strategy failure in relation to the experiment.
The most intelligent and successful people are most often the best liars. Lying is correlated with success and intelligence. NurtureShock (book).
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This is incomplete. The lesson to be learned is that of having a tangible thing wherewith to distract oneself long enough to make it possible to have delayed gratification. Imagine the marshmellow. Smell it. Enjoy the scent. OK. You can put it down. You want some more? Smell it some more; touch it. OK. Put it down again.
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isn't that something...
Hmm... I wonder what it is that is causing these kids to not decide to eat the marshmallow...
Environmental upbringing?
I'd be very interested in how the parents of those children who did and didn't eat the marshmallow raise their kids. Or is this something that can't be taught? I don't think so...
Still very interesting..
one thing is for sure, Patience is a virtue. ;D
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Even if all the children will wait for the marshmallows, some of them will not be successful, just because it's the nature of capitalism, no matter how good people are, everyone cannot be successful, just to keep the stupid competition going.
avashurov 5 months ago
@avashurov 4 year old kids don't know what capitalism is, thanks for playing though.
justintempler 5 months ago
@justintempler Good for them, I wish they wouldn't have to face if in the future ;)
avashurov 5 months ago
@avashurov I say let them make their own choices, I like capitalism, but then I was one of the kids that delayed eating the marshmallow because I knew if I waited I would have two instead of just one.
Savings is what allows for capitalism, you have be willing to sacrifice present wants for future wants. Saving enough "marshmallows" is what allows you build things and create nest eggs.
The problem with socialism is everyone is always eating your marshmallows so it has less savings to build with
justintempler 5 months ago