Skip to main content
Log in

Relation Between Time Perspective and Delay Discounting: A Literature Review

  • Theoretical Article
  • Published:
The Psychological Record Aims and scope Submit manuscript

Abstract

In this article, we examine the relation between delay discounting and future time perspective by reviewing how these concepts have been measured and quantified in order to assess their conceptual similarities. The extent to which the different measures are empirically related is reviewed by describing studies that have assessed both constructs and by comparing the variables that have been associated with variations in delay discounting and in time horizon. We suggest that both steep delay discounting and a short future time perspective are associated with a range of problematic and health-damaging behaviors, such as addictive disorders, risky behavior, poor school performance, and delinquency. However, despite these shared associations, and despite the conceptual similarities, the few studies that allow a direct comparison between measures of future time perspective and delay discounting do not give reason to presume a robust relation between them.

This is a preview of subscription content, log in via an institution to check access.

Access this article

Price excludes VAT (USA)
Tax calculation will be finalised during checkout.

Instant access to the full article PDF.

Institutional subscriptions

Similar content being viewed by others

References

  • ADELABU, D. H. (2008). Future time perspective, hope, and ethnic identity among African American adolescents. Urban Education, 43, 347–360.

    Article  Google Scholar 

  • AINSLIE, G. W. (1974). Impulse control in pigeons. Journal of the Experimental Analysis of Behavior, 21, 485–489.

    Article  PubMed  PubMed Central  Google Scholar 

  • ALVOS, L., Gregson, R. A., & ROSS, M. W. (1993). Future time perspective in current and previous injecting drug users. Drug and Alcohol Dependence, 31, 193–197.

    Article  PubMed  Google Scholar 

  • BARNDT, R. J., & JOHNSON, D. M. (1955). Time orientation in delinquents. The Journal of Abnormal and Social Psychology, 51, 343–345.

    Article  Google Scholar 

  • BAUER, M., & CHYTILOVÂ, J. (2009). The impact of education on the subjective discount rate in Ugandan villages. Retrieved from Ssrn eLibrary at http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1369803

    Google Scholar 

  • BLATT, S. J., & QUINLAN, P. (1967). Punctual and procrastinating students: A study of temporal parameters. Journal of Consulting Psychology, 31, 169–174.

    Article  PubMed  Google Scholar 

  • BOND, M. J., & FEATHER, N. T. (1988). Some correlates of structure and purpose in the use of time. Journal of Personality and Social Psychology, 55, 321–329.

    Article  Google Scholar 

  • BORGHANS, L., & GOLSTEYN, B. (2006). Time discounting and the body mass index: Evidence from the Netherlands. Economics and Human Biology, 4, 39–61.

    Article  PubMed  Google Scholar 

  • CARSTENSEN, L. L. (2006). The influence of a sense of time on human development. Science, 312, 1913–1915.

    Article  PubMed  PubMed Central  Google Scholar 

  • CARSTENSEN, L. L., ISAACOWITZ, D. M., & CHARLES, S. T. (1999). Taking time seriously: A theory of socioemotional selectivity. The American Psychologist, 54, 165–181.

    Article  PubMed  Google Scholar 

  • CARSTENSEN, L. L., & LANG, F. R. (1996). Future orientation scale. Unpublished manuscript, Stanford University.

    Google Scholar 

  • CHAPMAN, G. B. (2002). Your money or your health: Time preferences and trading money for health. Medical Decision Making, 22, 410–416.

    Article  PubMed  Google Scholar 

  • COTTLE, T. (1967). The circles test: An investigation of perception of temporal relatedness and dominance. Journal of Projective Techniques and Personality Assessment, 31, 58–71.

    Article  PubMed  Google Scholar 

  • COTTLE, T. J., & KLINEBERG, S. L. (1974). The present of things future. New York: The Free Press.

    Google Scholar 

  • COTTLE, T. J., & PLECK, J. H. (1969). Linear estimations of temporal extension: The effect of age, sex and social class. Journal of Projective Techniques and Personality Assessment, 33, 81–93.

    Article  PubMed  Google Scholar 

  • D’ALESSIO, M., GUARINO, A., DE PASCALIS, V., & ZIMBARDO, P. (2003). Testing Zimbardo’s Stanford Time Perspective Inventory (Stpi)-Short Form. Time & Society, 12, 333–347.

    Article  Google Scholar 

  • DAUGHERTY, J. R., & BRASE, G. L. (2010). Taking time to be healthy: Predicting health behaviors with delay discounting and time perspective. Personality and Individual Differences, 48, 202–207.

    Article  Google Scholar 

  • DAVIDS, A., KIDDER, C., & REICH, M. (1962). Time orientation in male and female juvenile delinquents. Journal of Abnormal and Social Psychology, 64, 239–240.

    Article  PubMed  Google Scholar 

  • DE VOLDER, M., & LENS, W. (1982). Academic achievement and future time perspective as a cognitive-motivational concept. Journal of Personality and Social Psychology, 42, 566–571.

    Article  Google Scholar 

  • DE WIT, H., ENGGASSER, J. L., & RICHARDS, J. B. (2002). Acute administration of d-amphetamine decreases impulsivity in healthy volunteers. Neuropsychopharmacology, 27, 813–825.

    Article  PubMed  Google Scholar 

  • DICKSTEIN, L. S. (1969). Prospective span as a cognitive ability. Journal of Consulting and Clinical Psychology, 33, 757–760.

    Article  PubMed  Google Scholar 

  • EYSENCK, S. B., & EYSENCK, H. J. (1978). Impulsiveness and venturesomeness: Their position in a dimensional system of personality description. Psychological Reports, 43, 1247–1255.

    Article  PubMed  Google Scholar 

  • FELLOWS, L. K., & FARAH, M. J. (2005). Dissociable elements of human foresight: A role for the ventromedial frontal lobes in framing the future, but not in discounting future rewards. Neuropsychologia, 43, 1214–1221.

    Article  PubMed  Google Scholar 

  • FIEULAINE, N., & MARTINEZ, F. (2010). Time under control: Time perspective and desire for control in substance use. Addictive Behaviors, 35, 799–802.

    Article  PubMed  Google Scholar 

  • FINGERMAN, K. L., & PERLMUTTER, M. (1995). Future time perspective and life events across adulthood. Journal of General Psychology, 122, 95–111.

    Article  PubMed  Google Scholar 

  • FORZANO, L. B., & LOGUE, A. W. (1994). Self-control in adult humans: Comparison of qualitatively different reinforcers. Learning & Motivation, 25, 65–82.

    Article  Google Scholar 

  • FUNG, H. H., CARSTENSEN, L. L., & LUTZ, A. M. (1999). Influence of time on social preferences: Implications for life-span development. Psychology and Aging, 14, 595–604.

    Article  PubMed  Google Scholar 

  • GODOY, R., & JACOBSON, M. (1999). Covariates of private time preference: A pilot study among the Tsimane Indians of the Bolivian rain forest’. Evolution and Human Behavior, 20, 249–256.

    Article  Google Scholar 

  • GREEN, L., FRY, A. F., & MYERSON, J. (1994). Discounting of delayed rewards: A life-span comparison. Psychological Science, 5, 33–36.

    Article  Google Scholar 

  • GREEN, L., & MYERSON, J. (2004). A discounting framework for choice with delayed and probabilistic rewards. Psychological Bulletin, 130, 769–792.

    Article  PubMed  PubMed Central  Google Scholar 

  • GREENE, A. L., & WHEATLEY, S. M. (1992). “Ive got a lot to do and I dont think Ill have the time”: Gender differences in late adolescents narratives of the future’. Journal of Youth and Adolescence, 21, 667–686.

    Article  PubMed  Google Scholar 

  • HALL, P. A., & FONG, G. T. (2003). The effects of a brief time perspective intervention for increasing physical activity among young adults. Psychology and Health, 18, 685–706.

    Article  Google Scholar 

  • HARRISON, G. W., LAU, M. I., & WILLIAMS, M. B. (2002). Estimating individual discount rates in Denmark: A field experiment. The American Economic Review, 92, 1606–1617.

    Article  Google Scholar 

  • HINSON, J. M., JAMESON, T. L., & WHITNEY, P. (2003). Impulsive decision making and working memory. Journal of Experimental Psychology: Learning, Memory, & Cognition, 29, 298–306.

    Google Scholar 

  • HODGINS, D. C., & ENGEL, A. (2002). Future time perspective in pathological gamblers. Journal of Nervous and Mental Disease, 190, 775–780.

    Article  PubMed  Google Scholar 

  • JOIREMAN, J., BALLIET, D., SPROTT, D., SPANGENBERG, E., & SCHULTZ, J. (2008). Ego depletion, consideration of future consequences, and decision-making preferences: Implications for the self-regulation of behavior. Personality and Individual Differences, 45, 15–21.

    Article  Google Scholar 

  • KASTENBAUM, R. (1961). The dimensions of future time perspective: An experimental analysis. Journal of General Psychology, 65, 203–218.

    Article  PubMed  Google Scholar 

  • KEOUGH, K. A., ZIMBARDO, P. G., & BOYD, J. N. (1999). Who’s smoking, drinking, and using drugs? Time perspective as a predictor of substance use. Basic and Applied Social Psychology, 21, 149–164.

    Article  Google Scholar 

  • KIRBY, K. N., PETRY, N. M., & BICKEL, W. K. (1999). Heroin addicts have higher discount rates for delayed rewards than non-drug-using controls. Journal of Experimental Psychology: General, 128, 78–87.

    Article  Google Scholar 

  • KIRBY, K. N., GODOY, R., REYES-GARCA, V., BYRON, E., Apaza, L., Leonard, W., Perez, E., ET AL. (2002). Correlates of delay-discount rates: Evidence from Tsimane Amerindians of the Bolivian rain forest’. Journal of Economic Psychology, 23, 291–316.

    Article  Google Scholar 

  • KIRBY, K. N., WINSTON, G. C., & SANTIESTEBAN, M. (2005). Impatience and grades: Delay-discount rates correlate negatively with college Gpa. Learning and Individual Differences, 15, 213–222.

    Article  Google Scholar 

  • KLINEBERG, S. L. (1967). Changes in outlook on the future between childhood and adolescence. Journal of Personality and Social Psychology, 7, 185–193.

    Article  Google Scholar 

  • KLINGEMANN, H. (2001). The time game: Temporal perspectives of patients and staff in alcohol and drug treatment. Time Society, 10, 303–328.

    Google Scholar 

  • KOLLINS, S. H. (2003). Delay discounting is associated with substance use in college students. Addictive Behaviors, 28, 1167–1173.

    Article  PubMed  Google Scholar 

  • KRUEGER, R. F., CASPI, A., MOFFITT, T. E., WHITE, J., & STOUTHAMER-LOEBER, M. (1996). Delay of gratification, psychopathology, and personality: Is low self-control specific to externalizing problems? Journal of Personality, 64, 107–129.

    Article  PubMed  Google Scholar 

  • LANDAU, S. F. (1975). Future time perspective of delinquents and non-delinquents: The effect of institutionalization. Criminal Justice and Behavior, 2, 22–36.

    Article  Google Scholar 

  • LANG, F. R., & CARSTENSEN, L. L. (2002). Time counts: Future time perspective, goals, and social relationships. Psychology and Aging, 17, 125–139.

    Article  PubMed  Google Scholar 

  • LESHAN, L. L. (1952). Time orientation and social class. The Journal of Abnormal and Social Psychology, 47, 589–592.

    Article  Google Scholar 

  • LIU, W., & AAKER, J. (2007). Do you look to the future or focus on today? The impact of life experience on intertemporal decisions. Organizational Behavior and Human Decision Processes, 102, 212–225.

    Article  Google Scholar 

  • LOGUE, A. W. (1988). Research on self-control: An integrating framework. Behavioral & Brain Sciences, 11, 665–709.

    Article  Google Scholar 

  • LOGUE, A. W., & KING, G. R. (1991). Self-control and impulsiveness in adult humans when food is the reinforcer. Appetite, 17, 105–120.

    Article  PubMed  Google Scholar 

  • LOEWENSTEIN, G. F., & PRELEC, D. (1993). Preferences for sequences of outcomes. Psychological Review, 100, 91–108.

    Article  Google Scholar 

  • MACKILLOP, J., ANDERSON, E. J., CASTELDA, B. A., MATTSON, R. E., & DONOVICK, P. J. (2006). Divergent validity of measures of cognitive distortions, impulsivity, and time perspective in pathological gambling. Journal of Gambling Studies, 22, 339–354.

    Article  PubMed  Google Scholar 

  • MACKILLOP, J., MATTSON, R. E., ANDERSON, E. J., CASTELDA, B. A., & DONOVICK, P. J. (2007). Multidimensional assessment of impulsivity in undergraduate hazardous drinkers and controls. Journal of Studies on Alcohol and Drugs, 68, 785–788.

    Article  PubMed  Google Scholar 

  • MADDEN, G. J., & BICKEL, W. K. (Eds.). (2010). Impulsivity: The behavioral and neurological science of discounting. Washington, DC: American Psychological Association.

    Book  Google Scholar 

  • MADDEN, G. J., & JOHNSON, P. S. (2010). A delay-discounting primer. In G. J. Madden & W. K. Bickel (Eds.), Impulsivity: The behavioral and neurological science of discounting (pp. 11–37). Washington, DC: American Psychological Association.

    Chapter  Google Scholar 

  • MANGANIELLO, J. A. (1978). Opiate addiction: A study identifying three systematically related psychological correlates. Substance Use & Misuse, 13, 839.

    Google Scholar 

  • MANWARING, J. L., GREEN, L., MYERSON, J., STRUBE, M. J., & WILFLEY, D. E. (2011). Discounting of various types of rewards by women with and without binge eating disorder: Evidence for general rather than specific differences. The Psychological Record, 61, 561–582.

    PubMed  PubMed Central  Google Scholar 

  • MARKO, K. W., & SAVICKAS, M. L. (1998). Effectiveness of a career time perspective intervention. Journal of Vocational Behavior, 52, 106.

    Article  Google Scholar 

  • MISCHEL, W., & GRUSEC, J. (1967). Waiting for rewards and punishments: Effects of time and probability on choice. Journal of Personality and Social Psychology, 5, 24–31.

    Article  PubMed  Google Scholar 

  • MISCHEL, W., & METZNER, R. (1962). Preference for delayed reward as a function of age, intelligence, and length of delay interval. The Journal of Abnormal and Social Psychology, 64, 425–431.

    Article  PubMed  Google Scholar 

  • MITCHELL, S. H. (2003). Discounting the value of commodities according to different types of cost. In N. Heather & R. E. Vuchinich (Eds.), Choice, behavioral economics and addiction: Theory, evidence and applications (pp. 339–357). New York: Elsevier.

    Chapter  Google Scholar 

  • MOBINI, S., BODY, S., HO, M. Y., BRADSHAW, C. M., SZABADI, E., DEAKIN, J. F., ET AL. (2002). Effects of lesions of the orbitofrontal cortex on sensitivity to delayed and probabilistic reinforcement. Psychopharmacology, 160, 290–298.

    Article  PubMed  Google Scholar 

  • MURRAY, H. A. (1943). Thematic apperception test. Cambridge, Ma: Harvard University Press.

    Google Scholar 

  • MURRELL, A., & MINGRONE, M. (1994). Correlates of temporal perspective. Perceptual and Motor Skills, 78, 1331–1334.

    Article  PubMed  Google Scholar 

  • O’RAND, A., & ELLIS, R. A. (1974). Social class and social time perspective. Social Forces, 53, 53–62.

    Article  Google Scholar 

  • ODUM, A. L., MADDEN, G. J., BADGER, G. J., & BICKEL, W. K. (2000). Needle sharing in opioid-dependent outpatients: Psychological processes underlying risk. Drug and Alcohol Dependence, 60, 259–266.

    Article  PubMed  Google Scholar 

  • ORTENDAHL, M., & FRIES, J. F. (2005). Framing health messages based on anomalies in time preference. Medical Science Monitor: International Medical Journal of Experimental and Clinical Research, 11, Ra253–256.

    Google Scholar 

  • PEETSMA, T. T. (2000). Future time perspective as a predictor of school investment. Scandinavian Journal of Educational Research, 44, 177–192.

    Article  Google Scholar 

  • PETRY, N. M., BICKEL, W. K., & ARNETT, M. (1998). Shortened time horizons and insensitivity to future consequences in heroin addicts. Addiction, 93, 729–738.

    Article  PubMed  Google Scholar 

  • PETRY, N. M., & MADDEN, G. J. (2010). Discounting and pathological gambling. In G. J. Madden & W. K. Bickel (Eds.), Impulsivity: The behavioral and neurological science of discounting (pp. 273–294). Washington, DC: American Psychological Association.

    Chapter  Google Scholar 

  • PRENDA, K. M., & LACHMAN, M. E. (2001). Planning for the future: A life management strategy for increasing control and life satisfaction in adulthood. Psychology and Aging, 16, 206–216.

    Article  PubMed  Google Scholar 

  • RACHLIN, H., & GREEN, L. (1972). Commitment, choice and self-control. Journal of the Experimental Analysis of Behavior, 17, 15–22.

    Article  PubMed  PubMed Central  Google Scholar 

  • RACHLIN, H., Siegel, E., & CROSS, D. (1994). Lotteries and the time horizon. Psychological Science, 5, 390–393.

    Article  Google Scholar 

  • RASMUSSEN, E. B., LAWYER, S. R., & REILLY, W. (2010). Percent body fat is related to delay and probability discounting for food in humans. Behavioural Processes, 83, 23–30.

    Article  PubMed  Google Scholar 

  • REYNOLDS, B. (2006). A review of delay-discounting research with humans: Relations to drug use and gambling. Behavioural Pharmacology, 17, 651–667.

    Article  PubMed  Google Scholar 

  • REYNOLDS, B., KARRAKER, K., HORN, K., & RICHARDS, J. B. (2003). Delay and probability discounting as related to different stages of adolescent smoking and non-smoking. Behavioural Processes, 64, 333–344.

    Article  PubMed  Google Scholar 

  • ROELOFSMA, P. H., & VAN DER PLIGT, J. (2001). On the psychology of time preference and human decisions: Introduction to the special issue. Acta Psychologica, 108, 91–93.

    Article  PubMed  Google Scholar 

  • ROTHSPAN, S., & READ, S. J. (1996). Present versus future time perspective and Hiv risk among heterosexual college students. Health Psychology, 15, 131–134.

    Article  PubMed  Google Scholar 

  • SAVICKAS, M. L. (1991). Improving career time perspective. In D. Brown & L. Brooks (Eds.), Techniques of career counseling (pp. 236–249). Boston: Allyn & Bacon.

    Google Scholar 

  • SCHWEIGHOFER, N., TANAKA, S. C., & DOYA, K. (2007). Serotonin and the evaluation of future rewards: Theory, experiments, and possible neural mechanisms. Annals of the New York Academy of Sciences, 1104, 289–300.

    Article  PubMed  Google Scholar 

  • SHAMOSH, N. A., & GRAY, J. R. (2008). Delay discounting and intelligence: A meta-analysis. Intelligence, 36, 289–305.

    Article  Google Scholar 

  • SHELL, D. F., & HUSMAN, J. (2001). The multivariate dimensionality of personal control and future time perspective in achievement and studying. Contemporary Educational Psychology, 26, 481–506.

    Article  PubMed  Google Scholar 

  • SHIPP, A. J., EDWARDS, J. R., & LAMBERT, L. S. (2009). Conceptualization and measurement of temporal focus: The subjective experience of the past, present, and future. Organizational Behavior and Human Decision Processes, 110, 1–22.

    Article  Google Scholar 

  • SIEGMAN, A. W. (1961). The relationship between future time perspective, time estimation, and impulse control in a group of young offenders and in a control group. Journal of Consulting Psychology, 25, 470–475.

    Article  PubMed  Google Scholar 

  • SILVERMAN, I. W. (2003). Gender differences in delay of gratification: A meta-analysis. Sex Roles, 49, 451–463.

    Article  Google Scholar 

  • SMART, R. G. (1968). Future time perspectives in alcoholics and social drinkers. Journal of Abnormal Psychology, 73, 81–83.

    Article  PubMed  Google Scholar 

  • SMITH, P., BOGIN, B., & BISHAI, D. (2005). Are time preference and body mass index associated? Evidence from the National Longitudinal Survey of Youth. Economics and Human Biology, 3, 259–270.

    Article  PubMed  Google Scholar 

  • STEIN, K. B., SARBIN, T., & KULIK, J. A. (1968). Future time perspective: Its relation to the socialization process and the delinquent role. Journal of Consulting and Clinical Psychology, 32, 257–264.

    Article  PubMed  Google Scholar 

  • STEINBERG, L., GRAHAM, S., O’BRIEN, L., WOOLARD, J., CAUFFMAN, E., & BANICH, M. (2009). Age differences in future orientation and delay discounting. Child Development, 80, 28–44.

    Article  PubMed  Google Scholar 

  • STRATHMAN, A., GLEICHER, F., BONINGER, D. S., & EDWARDS, C. (1994). The consideration of future consequences: Weighing immediate and distant outcomes of behavior. Journal of Personality & Social Psychology, 66, 742–752.

    Article  Google Scholar 

  • TEAHAN, J. E. (1958). Future time perspective, optimism, and academic achievement. Journal of Abnormal and Social Psychology, 57, 379–380.

    Article  Google Scholar 

  • TROMMSDORFF, G., LAMM, H., & SCHMIDT, R. W. (1979). A longitudinal study of adolescents future orientation (time perspective)’. Journal of Youth and Adolescence, 8, 131–147.

    Article  PubMed  Google Scholar 

  • WALLACE, M. (1956). Future time perspective in schizophrenia. Journal of Abnormal Psychology, 52, 240–245.

    Article  PubMed  Google Scholar 

  • WELLER, R. E., COOK, E. W., AVSAR, K. B., & COX, J. E. (2008). Obese women show greater delay discounting than healthy-weight women. Appetite, 51, 563–569.

    Article  PubMed  Google Scholar 

  • WILSON, M., & DALY, M. (2006). Are juvenile offenders extreme future discounters? Psychological Science, 17, 989–994.

    Article  PubMed  Google Scholar 

  • WITTMANN, M., LELAND, D. S., CHURAN, J., & PAULUS, M. P. (2007). Impaired time perception and motor timing in stimulant-dependent subjects. Drug and Alcohol Dependence, 90, 183–192.

    Article  PubMed  PubMed Central  Google Scholar 

  • WOHLFORD, P. (1968). Extension of personal time in Tat and story completion stories. Journal of Projective Techniques & Personality Assessment, 32, 268–280.

    Article  Google Scholar 

  • YI, R., MITCHELL, S. H., & BICKEL, W. K. (2010). Delay discounting and substance abuse. In G. J. Madden & W. K. Bickel (Eds.), Impulsivity: The behavioral and neurological science of discounting (pp. 191–211). Washington, DC: American Psychological Association.

    Chapter  Google Scholar 

  • ZHANG, L., & RASHAD, I. (2008). Obesity and time preference: The health consequences of discounting the future. Journal of Biosocial Science, 40, 97–113.

    Article  PubMed  Google Scholar 

  • ZIMBARDO, P., & BOYD, J. N. (1999). Putting time in perspective: A valid, reliable, individual-differences metric. Journal of Personality and Social Psychology, 77, 1271–1288.

    Article  Google Scholar 

  • ZIMBARDO, P. G., KEOUGH, K. A., & BOYD, J. N. (1997). Present time perspective as a predictor of risky driving. Personality and Individual Differences, 23, 1007–1023.

    Article  Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Ursina Teuscher.

Additional information

Preparation of this article was supported by SHM Grant DA024195. The authors are grateful to Vanessa Wilson and Sarah Tappon for help with the references, proofreading, and feedback on a previous version of the article.

Rights and permissions

Reprints and permissions

About this article

Check for updates. Verify currency and authenticity via CrossMark

Cite this article

Teuscher, U., Mitchell, S.H. Relation Between Time Perspective and Delay Discounting: A Literature Review. Psychol Rec 61, 613–632 (2011). https://doi.org/10.1007/BF03395780

Download citation

  • Published:

  • Issue Date:

  • DOI: https://doi.org/10.1007/BF03395780

Key words

Navigation