Experiments involving 150-200 participants suggest that people's farsightedness, estimated from temporal references in tweets, is negatively associated with risk-taking and positively associated with choosing increased future rewards over reduced immediate rewards; analysis of more than 90 million tweets from more than 38,000 individuals suggests that thinking far into the future might influence decision-making by making the future seem more connected to the present.
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Article #17-06589: "A big data analysis of the relationship between future thinking and decision-making," by Robert Thorstad and Phillip Wolff.
MEDIA CONTACT: Robert Thorstad, Emory University, Atlanta, GA; tel: 610-348-6680; e-mail: rthorst@emory.edu>, <thorstadrs@gmail.com
Journal
Proceedings of the National Academy of Sciences