Rehm (1977) suggested that depressed persons may prefer immediate reward at the expense of long-term reward. 41 women who had just participated in a psychological experiment were given the option of receiving the pay which they had been promised ($20) immediately or waiting up to 60 days and receiving $30. A point-biserial correlation of −.07 was obtained between subjects' Beck Depression Inventory scores and their choices of immediate versus delayed payment.
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