On May 25th, researchers published findings that altered our understanding of a classic psychological study, the marshmallow test. In the famous test, young children are offered a marshmallow now, or two marshmallows later. Then, researchers follow up with the children, and supposedly those that delayed gratification for more marshmallows did better in terms of standardized tests and other measures of success. Continue reading “Debunking the Marshmallow Myth: Rationality in Scarcity”