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Unsure what the future will bring? You may overindulge: Uncertainty increases the appeal of wants over shoulds

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  • Milkman, Katherine L.

Abstract

This paper examines the effect of uncertainty about the future on whether individuals select want options (e.g., junk foods, lowbrow films) or instead exert self-control and select should options (e.g., healthy foods, highbrow films). Consistent with the ego-depletion literature, which suggests that self-control resembles an exhaustible muscle, coping with uncertainty about what the future may bring reduces self-control resources and increases individuals’ tendency to favor want options over should options. These results persist when real uncertainty is induced, when the salience of naturally-arising uncertainty is heightened and when individuals are able to make choices contingent upon the outcomes of uncertain events. Overall, this work suggests that reducing uncertainty in a decision maker’s environment may have important spillover effects, leading to less impulsive choices.

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  • Milkman, Katherine L., 2012. "Unsure what the future will bring? You may overindulge: Uncertainty increases the appeal of wants over shoulds," Organizational Behavior and Human Decision Processes, Elsevier, vol. 119(2), pages 163-176.
  • Handle: RePEc:eee:jobhdp:v:119:y:2012:i:2:p:163-176
    DOI: 10.1016/j.obhdp.2012.07.003
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    6. Katherine L. Milkman & Todd Rogers & Max H. Bazerman, 2009. "Highbrow Films Gather Dust: Time-Inconsistent Preferences and Online DVD Rentals," Management Science, INFORMS, vol. 55(6), pages 1047-1059, June.
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    3. Murnieks, Charles Y. & Arthurs, Jonathan D. & Cardon, Melissa S. & Farah, Nusrat & Stornelli, Jason & Michael Haynie, J., 2020. "Close your eyes or open your mind: Effects of sleep and mindfulness exercises on entrepreneurs' exhaustion," Journal of Business Venturing, Elsevier, vol. 35(2).
    4. Fernando Payró Chew, 2022. "Mixture-Dependent Preference for Commitment," Working Papers 1365, Barcelona School of Economics.
    5. Zachary P. Hohman & Darren Hudson & Ryan Williams & Breanna N. Harris & Jessica L. Alquist & Donna Mitchell & Elizabeth M. Niedbala & Mindi Price, 2019. "The Impacts of Stress on Economic Decisions," Journal of Behavioral Economics for Policy, Society for the Advancement of Behavioral Economics (SABE), vol. 3(1), pages 30-36, March.
    6. Hengchen Dai & Katherine L. Milkman & Jason Riis, 2014. "The Fresh Start Effect: Temporal Landmarks Motivate Aspirational Behavior," Management Science, INFORMS, vol. 60(10), pages 2563-2582, October.
    7. Polman, Evan & Ruttan, Rachel L. & Peck, Joann, 2022. "Using curiosity to incentivize the choice of “should” options," Organizational Behavior and Human Decision Processes, Elsevier, vol. 173(C).
    8. Lee, Randy & Mai, Ke Michael & Qiu, Feng & Ilies, Remus & Tang, Pok Man, 2022. "Are you too happy to serve others? When and why positive affect makes customer mistreatment experience feel worse," Organizational Behavior and Human Decision Processes, Elsevier, vol. 172(C).
    9. Castellari, Elena & Tiboldo, Giulia & Moro, Daniele & Bimbo, Francesco, 2021. "La Dolce Vita in times of harshness: Prevalence of health-related behaviors during the great recession in Italy," Economics & Human Biology, Elsevier, vol. 43(C).

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