Slowing Time, Shaping the Future: The Effect of Mindfulness on Intertemporal Choice

Abstract

Consumers frequently face intertemporal choices that require trading off reward value against the delay before the reward is received. This research shows that mindfulness, defined as non-judgmental attention to and awareness of the present moment, increases consumers’ preference for delayed gratification. This occurs because mindfulness slows the subjective passage of time duration, leading consumers to perceive the future as more expansive; in other words, they feel “time-rich.” Consequently, they judge waiting for a larger reward as less costly, which makes the delayed option more attractive. Across six studies—two field investigations and four laboratory experiments, three of which used consequential behavioral measures—we provide convergent evidence for this effect and its underlying mechanism. The findings have practical implications both for consumers navigating trade-offs between immediate and delayed outcomes and for marketers designing more effective intertemporal incentives.