Jack Rusher on Nostr: ‘Humans are fairly similar to other animals in their economic decision-making, ...

‘Humans are fairly similar to other animals in their economic decision-making, according to Villmoare. The need to have something 'now' often drives poor decisions in ways that, experimentally, are similar to what researchers see in other animals.

“Despite the fact that you can explain the consequences of, say, purchasing consumer goods on credit to a human,” he says. “The underlying instinct easily overwhelms the 'intellectual' knowledge of the long-term cost.”’
https://www.unlv.edu/news/release/study-evolutionary-origins-poor-long-term-decision-making