Psychology
The Psychology of Procrastination: Temporal Discounting and Self-Regulation
Quick fact
Research shows that the perceived value of a future reward drops sharply with delay—a $100 reward feels 50% less valuable if it's a year away, even if you know it's the same amount.
Why this is interesting
Ever wonder why you can spend hours planning a project but still end up binge-watching TV at the last minute? The answer lies in a battle between your present self and your future self—and your brain's wiring is not on your side.