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A formula for procrastination

January 15th, 2007 · 2 Comments

If I’d known this formula a few decades ago, life would be different. Who knew that procrastination could be boiled down to a formula.

Utility = E x V / (Gamma) x D

Of course, you’ll have to head over to the article gain the full understanding.

A formula for procrastination – News – Builder AU

University of Calgary professor Piers Steel, a self-described reformed procrastinator, said the act of dillydallying can be boiled down to three human traits: the person’s confidence, values and impulsiveness (how susceptible he or she is to immediate delight). Like an economist might, Steel combined those elements to develop a mathematical theory that can define procrastination. His work was published this month in the journal of the American Psychological Association.

“The heart of procrastination is an adaptive natural tendency to value today much more than tomorrow,” said Steel, an associate professor of industrial psychology at the University of Calgary’s Haskayne School of Business.

That’s why, he said, most people make New Year’s resolutions in vain.

[tags]motivation, procrastination, math formula[/tags]

Tags: Motivation

2 responses so far ↓

  • 1 Anna Farmery (7 comments.) // Jan 15, 2007 at 4:10 pm

    Hi there Uncle Larry as always a great post. Love the way you always make us think.
    I meant to write that formula years ago…but I never got round to it!

  • 2 Larry Hendrick // Jan 15, 2007 at 5:51 pm

    Just think Anna, you would be wealthy and famous if you had written that formula, along with the accompanying book, gone on the book tour, had the traveled to the speaking engagements … ahhh the dream. Fame and fortune … … …

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