Jove
Visualize
Contact Us
JoVE
x logofacebook logolinkedin logoyoutube logo
ABOUT JoVE
OverviewLeadershipBlogJoVE Help Center
AUTHORS
Publishing ProcessEditorial BoardScope & PoliciesPeer ReviewFAQSubmit
LIBRARIANS
TestimonialsSubscriptionsAccessResourcesLibrary Advisory BoardFAQ
RESEARCH
JoVE JournalMethods CollectionsJoVE Encyclopedia of ExperimentsArchive
EDUCATION
JoVE CoreJoVE BusinessJoVE Science EducationJoVE Lab ManualFaculty Resource CenterFaculty Site
Terms & Conditions of Use
Privacy Policy
Policies

Related Experiment Video

Updated: May 14, 2026

Measuring Delay Discounting in Humans Using an Adjusting Amount Task
07:47

Measuring Delay Discounting in Humans Using an Adjusting Amount Task

Published on: January 9, 2016

Power and reduced temporal discounting.

Priyanka D Joshi1, Nathanael J Fast

  • 1Department of Management and Organization, Marshall School of Business, University of Southern California, Los Angeles,CA 90089, USA. priyankj@usc.edu

Psychological Science
|February 14, 2013
PubMed
Summary
This summary is machine-generated.

Related Concept Videos

Timing and Consequences on Behavior01:08

Timing and Consequences on Behavior

In operant conditioning, the timing of reinforcement is crucial. For animals like rats and cats, immediate reinforcement (within a few seconds) is much more effective than delayed reinforcement. For example, a food reward for a rat needs to follow within 30 seconds of pressing a bar to be effective. 
Humans, however, can respond to delayed reinforcers. We often make decisions between immediate small rewards and delayed larger rewards. This ability to delay gratification is a significant factor...
Self-Regulation01:25

Self-Regulation

Self-regulation, also known as self-control, encompasses a range of cognitive and behavioral processes that allow individuals to adjust their internal states and outward actions to align with socially acceptable norms and long-term goals. It plays a fundamental role in adaptive functioning, from resisting impulsive behaviors to persisting through challenging tasks. While its benefits are widely recognized, self-regulation is not limitless. Muraven and Baumeister's theory posits that...
Reason and Intuition01:37

Reason and Intuition

The human brain processes information for decision-making using one of two routes: an intuitive system and a rational system (Epstein, 1994; popularized by Kahneman, 2011 as System 1 and System 2, respectively). The intuitive system is quick, impulsive, and operates with minimal effort, relying on emotions or habits to provide cues for what to do next, while the rational system is logical, analytical, deliberate, and methodical. Research in neuropsychology suggests that the brain can only use...
Framing Effects03:26

Framing Effects

Information is everywhere and its presentation—such as how and when items are presented—can impact our perceptions and decisions surrounding the info. This broad concept umbrellas framing effects—influences that occur due to the way information is framed in its appearance, whether it’s purely the order or the specific wording of a message. Let’s take a look at numerous ways in which two versions of something can objectively say the same thing, yet we respond in different ways based on the...
First Impression01:09

First Impression

First impressions play a crucial role in social perception, shaping how individuals assess others in professional, academic, and interpersonal contexts. Psychological research highlights the significance of cognitive biases, such as the primacy and recency effects, which influence how people interpret and recall information.The Primacy Effect and Cognitive AnchoringThe primacy effect describes the tendency for initial information to impact judgment disproportionately. When individuals encounter...
Decision Making01:20

Decision Making

Decision-making is a fundamental cognitive process that involves evaluating alternatives and selecting among them. This process can range from simple choices, such as deciding what to wear, to complex decisions, like choosing a major in college or a career path. The complexity of the decision often dictates the approach we use, which can be broadly categorized into two types: automatic and controlled decision-making.
Automatic decision-making is fast, intuitive, and relies on gut feelings...

You might also read

Related Articles

Articles linked to this work by shared authors, journal, and citation graph.

Sort by
Same author

Gaps in large language model awareness, usage, and perceptions in the United States: Evidence from a nationally representative longitudinal survey.

PNAS nexus·2026
Same author

Understanding the Leaders of Tomorrow: The Need to Study Leadership in Adolescence.

Perspectives on psychological science : a journal of the Association for Psychological Science·2022
Same author

The power to harm: AI assistants pave the way to unethical behavior.

Current opinion in psychology·2022
Same author

"I" am more concrete than "we": Linguistic abstraction and first-person pronoun usage.

Journal of personality and social psychology·2022
Same author

A Patient Experience Course Syllabus: Integrating Service Sciences Research to Enhance Health-Care Delivery.

Journal of patient experience·2020
Same author

Gender differences in communicative abstraction.

Journal of personality and social psychology·2019
Same journal

Does Overconfidence Really Confer Adaptive Benefits to Children's Learning?

Psychological science·2026
Same journal

How Does the Mind Grow? Cross-Cultural Intuitive Theories of Mental Development.

Psychological science·2026
Same journal

Not All Practice Is Created Equal: Longitudinal Evidence From Over 40,000 Chess Players.

Psychological science·2026
Same journal

Eye Glint as a Novel Perceptual Cue in Human Vision.

Psychological science·2026
Same journal

Multitarget Visual Search Flexibly Switches Between Concurrent and Sequential Search Modes.

Psychological science·2026
Same journal

Motive Alignment Promotes Adolescents' Proenvironmental Behavior: A Field Experiment in Two Cultures.

Psychological science·2026
See all related articles

Experiencing power enhances connection with one's future self, reducing temporal discounting (the tendency to prefer immediate rewards). This finding suggests power can encourage long-term financial planning and decision-making.

Area of Science:

  • Psychology
  • Behavioral Economics
  • Decision Science

Background:

  • Temporal discounting, the preference for immediate over future rewards, is a pervasive human tendency.
  • Understanding and mitigating temporal discounting is crucial for financial planning and well-being.
  • The psychological experience of power is increasingly studied for its effects on decision-making.

Purpose of the Study:

  • To investigate the relationship between the experience of power and temporal discounting.
  • To determine if enhanced connection with the future self mediates the effect of power on temporal discounting.
  • To explore the real-world implications of power on long-term financial behaviors.

Main Methods:

  • Four studies were conducted, involving role-playing power dynamics, power priming, and assessing workplace power.

More Related Videos

The Joint Effect of Social Comparison and Social Distance on Evaluation of Intertemporal Choice Outcomes in Event-related Potential Studies
08:24

The Joint Effect of Social Comparison and Social Distance on Evaluation of Intertemporal Choice Outcomes in Event-related Potential Studies

Published on: August 25, 2023

Errors as a Means of Reducing Impulsive Food Choice
07:07

Errors as a Means of Reducing Impulsive Food Choice

Published on: June 5, 2016

Related Experiment Videos

Last Updated: May 14, 2026

Measuring Delay Discounting in Humans Using an Adjusting Amount Task
07:47

Measuring Delay Discounting in Humans Using an Adjusting Amount Task

Published on: January 9, 2016

The Joint Effect of Social Comparison and Social Distance on Evaluation of Intertemporal Choice Outcomes in Event-related Potential Studies
08:24

The Joint Effect of Social Comparison and Social Distance on Evaluation of Intertemporal Choice Outcomes in Event-related Potential Studies

Published on: August 25, 2023

Errors as a Means of Reducing Impulsive Food Choice
07:07

Errors as a Means of Reducing Impulsive Food Choice

Published on: June 5, 2016

  • Participants completed tasks involving monetary and nonmonetary choices with varying delays.
  • Connection with the future self was measured, and its mediating role was statistically analyzed.

    • Main Results:

    • Participants in high-power roles exhibited less temporal discounting than those in low-power roles.
    • Priming power significantly reduced temporal discounting across different types of tasks.
    • A stronger connection with the future self was found to mediate the effect of power on reduced temporal discounting.
    • Experiencing a general sense of power in the workplace correlated with higher lifetime savings.

    Conclusions:

    • The experience of power can mitigate temporal discounting by strengthening individuals' connection to their future selves.
    • These findings have significant implications for interventions aimed at promoting long-term financial decision-making and savings.
    • Future research should explore the mechanisms and boundary conditions of the power-discounting relationship.