Money now or money later?

The delay discounting task measures your time preference. It measures how much you value or devalue a good that is available only in the future. It's associated with people's ability to delay gratification and save for the future.

Check out the interactive results below and help spread the word.

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Longer delays increase devaluation

The red dots are you and the boxes are the response range for other people.

Assume you'll receive $1 the future—this value is the maximum value on the y-axis. This boxplot suggests that the more days you have to wait before you receive $1, the more you devalue or discount that $1. The longer you have to wait, the more its subjective value drops.

What do these results mean?

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Self-control and impulsivity

Those who devalue future rewards more are likely to have less self-control and be more impulsive. Try the self-control or grit scale.

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Other types of discounting

Discounting of future rewards is related to other kinds of discounting behavior. Try another discounting task now.

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Time preferences

How much you devalue future rewards depends on your temporal or time preferences. Take the time preferences survey to find out more.

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More visualizations

Devaluation or discounting summary

This area-under-curve (AUC) metric summarizes the results from the figure above as a single value. 1 implies no discounting at all, and 0 implies maximum discounting, where all future rewards are worthless.

Larger AUC values are associated with better self-control and life outcomes.

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Discounting across the globe

People in different countries and cultures differ in how much they care about or devalue future rewards. Brighter regions indicate less discounting or impulsivity.

If you find the results interesting, tell your friends from other countries to complete this task.