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Individual-specific mortality is associated with how individuals evaluate future discounting decisions
Anthony J Lee1, Lisa M DeBruine2, Benedict C Jones2
1Institute of Neuroscience and Psychology, University of Glasgow, Glasgow, UK anthony.lee@glasgow.ac.uk.
Individuals in countries with lower life expectancy prefer immediate rewards. Higher life expectancy correlates with greater willingness to wait for future rewards, especially with larger gains or shorter delays, influencing life-history trade-offs.
Area of Science:
- Behavioral Economics
- Evolutionary Psychology
- Life-History Theory
Background:
- Future reward discounting is crucial for life-history strategies.
- Life-history theory posits that mortality cues may trigger accelerated life-history strategies.
- Evidence linking mortality cues to discounting in modern humans is limited.
Purpose of the Study:
- To investigate if country-level life expectancy predicts individual future discounting behavior.
- To explore the relationship between perceived mortality and intertemporal decision-making.
Main Methods:
- Cross-national study involving 13,429 participants from 54 countries.
- Assessment of intertemporal choice behavior using multiple decision-making tasks.
- Analysis correlating life expectancy data with individual discounting patterns.
Main Results:
- Lower life expectancy was associated with a stronger preference for immediate rewards.
- Higher life expectancy predicted greater willingness to delay gratification, particularly for larger relative gains or shorter delays.
- Age moderated willingness to wait, with middle-aged individuals showing increased future orientation.
Conclusions:
- Mortality cues, reflected in life expectancy, significantly influence intertemporal decision-making.
- Findings support the hypothesis that environmental factors shape life-history trade-offs via future discounting.
- Individual discounting behavior is adaptable and sensitive to perceived mortality risks.
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