A psychology question

yankeesfan

Diamond Member
Aug 6, 2004
5,922
1
71
One dollar now, because I am not be alive in two weeks.

And yes, I know that the "two dollars a week later" choice would demonstrate greater patience (and greater success in life). I read an article recently on this somewhere.
 

Goosemaster

Lifer
Apr 10, 2001
48,775
3
81
the key to the analysis of decisions is the analysis of the mitigating factors that actually go into making such a decision...


<--wants a sammich now but will risk two bucks later on two lottery tickets later because a sammich only leads to a sammich,
 

Alone

Diamond Member
Nov 19, 2006
7,490
0
0
I'll take a dollar now. I'm in no need of that extra dollar, and I could make use of the immediate funds...immediately, for purposes of which I am currently aware of.
 

jessicak

Senior member
Aug 15, 2003
542
0
0
two dollars in one week from now is worth way more than one dollar today, assuming the person can wait. I can.
 

Goosemaster

Lifer
Apr 10, 2001
48,775
3
81
Originally posted by: jessicak
two dollars in one week from now is worth way more than one dollar today, assuming the person can wait. I can.

what if inflation rises?

edit: err...what if inflation rises..DRASTICALLY?
 

Kadarin

Lifer
Nov 23, 2001
44,296
16
81
Originally posted by: Kelvrick
Sell the two bucks in a week to someone for 1.50 now.

Good answer. It's not a psychology question, but rather a finance question.
 

kedlav

Senior member
Aug 2, 2006
632
0
0
One dollar doesn't mean much, so I can wait. If it were, say, $1M this week and $2M next year, it might be a bit more interesting a question.,..
 

mrSHEiK124

Lifer
Mar 6, 2004
11,488
2
0
2 dollars a week from now. If I really needed a dollar now, I could probably find it in change around the house.
 

VTHodge

Golden Member
Aug 3, 2001
1,575
0
0
How about I take the two dollars now and promise not to spend them for three weeks. Or maybe I beat you up and take the two dollars now.

Bottom line is that I don't trust the situation enough to risk the extra dollar on the belief that you will come back with the cash.
 

broon

Diamond Member
Jun 5, 2002
3,660
1
81
I would take the dollar now and with smart investing I would have three dollars by next week.
 

Goosemaster

Lifer
Apr 10, 2001
48,775
3
81
Originally posted by: broon
I would take the dollar now and with smart investing I would have three dollars by next week.

get a $1 whore to do a gangbang with some losers that all paid you $100 for ....:laugh: