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Monday, July 23, 2007

Want vs Should

From HBS's Working Knowledge: Understanding the 'Want' vs 'Should' decision. Todd Rogers and Katherine L. Milkman discuss their working paper on impatience in grocery purchase decisions " ... How do people's preferences differ when they make choices for the near term versus the more distant future? Providing evidence from a field study of an online grocer, this research shows that people act as if they will be increasingly virtuous the further into the future they project ... ".

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