Sometimes a series of choices do not serve one's concerns well even though each choice in the series seems perfectly well suited to serving one's concerns. In such cases, one has a dynamic choice problem. Otherwise put, one has a problem related to the fact that one's choices are spread out over time. This survey reviews some of the challenging choice situations and problematic preference structures that can prompt dynamic choice problems. It also reviews some proposed solutions, and explains how (...) some familiar but potentially puzzling phenomena — including, for example, self-destructive addictive behavior and dangerous environmental destruction — have been illuminated by dynamic choice theory. (shrink)

Standard definitions of procrastination underscore the irrational nature of this habit, a critical criterion being that the procrastinating individual delays despite expecting to be worse off for the delay. However, an examination of more than 175 items in 18 procrastination scales reveals that they do not address such a forward-looking criterion. Consequently, scales run the risk of not separating maladaptive and irrational delays from other forms of delay. We propose that forward-looking considerations may not be the best way of operationalizing (...) the irrationality involved in procrastination and argue that scales should instead focus on past negative consequences of unnecessary delay. We suggest a new scale to measure such procrastination-related negative consequences and demonstrate that this scale, used separately or combined with established procrastination scales, performs better in predicting negative states and correlates to procrastination than established scales. The new scale seems to be helpful in separating trivial forms of unnecessary delay from maladaptive forms and hence represents a potentially valuable tool in research and clinical/applied efforts. (shrink)