It is popular to use MBA students as lab rats - usually for the purpose of bashing the concept of MBA, but this time, not so directly.
An interesting article was published by The Times of India that shows a relationship between procrastination and impatience: http://timesofindia.indiatimes.com/Heal ... 770799.cms
Procrastinators are impatient people
10 Feb 2008, 1151 hrs IST,PTI
SMS NEWS to 58888 for latest updates
LONDON: If you've found yourself putting off important tasks over and over again, it's time you consult a psychologist. Going by a new study, you may be suffering from a condition that can require therapy.
A team of international researchers has found that procrastinators are impatient people. In fact, they have traced a clear link between the two opposite traits which are "actually different aspects of the same condition".
"Procrastination seriously affects our productivity at work and can cost people considerable amounts of money as they postpone work indefinitely. People don't want to procrastinate - it is just that their impatience gets in the way.
"A procrastinator might work better with weekly deadlines which force him to keep up to speed, as opposed to a big deadline far in the future," researcher Ernesto Reuben of the Kellogg School of Management told.
The researchers came to the conclusion after designing an experiment in which MBA students have won prize money of up to 200 pounds, and have a choice of receiving payment by cheque either immediately or in two weeks.
They found that the students who were impatient and wanted to receive the prize money immediately were also more likely to procrastinate and delay encashing the cheque, even controlling for the amount of prize money.
To test their results, the team also asked the students to complete two surveys, one mandatory as part of their course and one voluntary, both with specific deadlines. They found those who wanted their cheques immediately were more likely to leave the surveys until just before deadlines.
The researchers also found an even stronger link between impatience and procrastination in "naive" students that is, those who claimed that they do not procrastinate.
Founder of GMAT Club
Just starting out with GMAT? Start here... | Want to know your GMAT Score? Try GMAT Score Estimator
Need GMAT Book Recommendations? Best GMAT Books
Co-author of the GMAT Club tests
Have a blog? Feature it on GMAT Club!