Wednesday, July 7, 2010
One of the terms discussed in chapter 4 was impulsiveness. Impulsiveness was defined as having two components; heightened sensitivity to rewards and lack of foresight and planning. Something that I have seen first hand that has these effects is gambling. Being that I live so close to Atlantic City (under 15mins) I spend most of my weekends in Atlantic City going out with my friends. Unfortunately some of my friends lack self control when they are intoxicated, some may not even have self control when they are sober. When I've watched my friends gamble I can see the component of the heightened sensitivity to reward because when someone wins it is a greater "up" then the "down" of when they lose. Kind of like every win is +5 and every loss is -1, eventually it is going to catch up with you. The second component, the lack of planning and foresight, does come into play but usually isn't adhered to. Countless times I've heard my friends say "I'm only gonna gamble $20" and then an hour later they are $100 in the hole, so I would say that most people do have some kind of planning, but whether or not they follow it is a different story.