Abstract
A greater proportion of children as young as 5 yr. of age preferred a delayed-large as opposed to an immediate-small reward. In addition, decision latencies of Ss preferring immediate reward were significantly shorter than of those who chose delayed reward. These results support the hypothesis that age as a determinant of preference for delayed reward is confounded with a number of other variables such as reward values and duration of delay intervals and that other individual difference variables may also be associated with preferences.
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