Hershfield, H.E. (2018). Current Opinion in Psychology, 26 , 72–75.
People often have difficulty making decisions that maximize well-being over time, and researchers have explored various reasons for why such poor ‘intertemporal’ decision-making may arise. In this article, I review a body of work that has focused on how the relationship between current and future selves may influence judgments and decisions. Namely, I spotlight research suggesting that the future self is often thought of as another person and how feelings about this ‘other’ person impact decisions across domains. I then review two insights gleaned from this research: in order to positively modify long-term decision-making, interventions may wish to focus on (1) strengthening the felt bond between current and future selves, or (2) reducing the subjective pain of sacrifices made by the current self. I close with several questions future research may wish to address.