Finance Papers

Document Type

Journal Article

Date of this Version

2014

Publication Source

Psychological Science

Volume

26

Issue

12

Start Page

1927

Last Page

1936

DOI

10.1177/0956797615605818

Abstract

People often fail to muster the motivation needed to initiate goal pursuit. Across five laboratory experiments, we explored occasions when people naturally experience enhanced motivation to take actions that facilitate goal pursuit and why certain dates are more likely to spur goal initiation than others. We present causal evidence that emphasizing a temporal landmark denoting the beginning of a new time period increases people’s intentions to initiate goal pursuit. In addition, we propose and show that people’s strengthened motivation to begin pursuing their aspirations following such temporal landmarks originates in part from the psychological disassociation these landmarks induce from a person’s past, imperfect self.

Copyright/Permission Statement

Hengchen Dai, Katherine L. Milkman, Jason Riis, Put Your Imperfections Behind You: Temporal Landmarks Spur Goal Initiation When They Signal New Beginnings, Psychological Science, (Volume 26, Issue 12) pp. 1927-1936. Copyright © 2015 SAGE. Reprinted by permission of SAGE Publications

Embargo Date

11-5-2016

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Date Posted: 27 November 2017

This document has been peer reviewed.