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Marshmallows of Success

Many of us are familiar with the marshmallow test (Mischel, Stanford, 1972) – give a child a marshmallow, tell them that they can either eat that one marshmallow now, or wait to get two marshmallows later.

The original test was to assess self-control but one of the unexpected findings in a follow-up study was an unexpected correlation between the results of the marshmallow test, and the success of the children many years later. The first follow-up study found that  “preschool children who delayed gratification longer in the self-imposed delay paradigm, were described more than 10 years later by their parents as adolescents who were significantly more competent” and the second follow-up study (1990) demonstrated that self-control correlated to higher SAT scores.

We came across this white paper and thought that it would be useful to revisit the topic from a nature & nurture perspective. What the new study has found is that the ability to delay gratification is not only influenced by innate ability, but also by the child’s environment. What was found was that children not only make decisions based on their innate temperament, but also on their experiences on how reliable their environment is.

In this extension of the marshmallow test, instead of marshmallows, better art supplies and stickers were promised instead. In the reliable group, children waited and were rewarded with better art supplies and stickers. In the unreliable group, children waited but were disappointed as they were told that the art supplies were unavailable.

Results of the study found that children in the unreliable group generally did not wait as long as children who in the reliable group. As they always say, “once bitten, twice shy”. Children are quick to pick up on environmental cues – if their self-control is not being rewarded, they will be led to think that any subsequent self-control will not be rewarded and hence, they will make a rational decision not to wait for later but to think only of now.

At Kindernomics, we think it is really important to talk to children about waiting and patience and we constantly strive to provide a stable and reliable environment for our children to grow up so that they can reach for the stars ☺

Cognition
Volume 126, Issue 1, January 2013, Pages 109 – 114
Rational snacking: Young children’s decision-making on the marshmallow task is moderated by beliefs about environmental reliability
Kidd, Palmeri &  Aslin
University of Rochester

Link: http://www.sciencedirect.com/science/article/pii/S0010027712001849


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APAC Entrepreneur Summit, Sydney

Kindernomics was selected to represent Singapore at the Asia Pacific Entrepreneur Summit 2012 by Microsoft on the 11th July. The event was held in conjunction with the Microsoft Imagine Cup Worldwide Finals and we had a chance to view the Imagine Cup showcase as well. Kindernomics had a great time in Sydney and here are a few photos of our time there. Full album of photos can be found on our Facebook page.


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Christmas Camps & Financial Times Interview

Kindernomics was recently interviewed by Barbara Domschky from the Financial Times Germany. The article just went up so wander over to the link and take a look. Link to article

We are also really excited to share that we will be running some Christmas camps later this year! As well as some exciting new camps which we are sure the kids will love, we will also be running some of our previous camps again because our previous classes were oversubscribed! So those of you that missed out on the camps previously will have another chance to let your kids have the Kindernomics Experience. Stay tuned for more details.

Lastly dont forget, enrollment for our regular classes is open now. You can also request for a free trial lesson of the Kindernomcis Experience.

Coming soon: We will also be publishing a short photo essay of our time in Sydney at the APAC Entrepreneur Summit as well as behind the scenes photos from the shooting of our Kindernomics for Surface (now PixelSense) video.


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Kindernomics for Microsoft Surface Video

Kindernomics Productions proudly presents: Kindernomics for Microsoft Surface, the video! Like everything else we do, this was done entirely in-house. A few behind the scenes photos coming up soon.


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Video of the Kindernomics Lucky Draw!

Drawing our prize winners at the Kindernomics Show! Our three prize winners each win a free Kindernomics Holiday Camp!


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We have 3 winners in our Kindernomics Show Lucky Draw!

Thanks to everyone that came down and joined in the fun last weekend at the Kindernomics Show! We have 3 winners in our Kindernomics Show Lucky Draw and will be notifying them shortly about collecting their prize, a Kindernomics Holiday Camp worth $180! Photos will follow shortly as will a video showing how we picked the winners, stay tuned!


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Economics Present in Children’s Literature

It is amazing how our research on economics content in children’s literature has lead us all the way back to when the first Dr. Seuss book, written by Theodor Seuss Geisel (1904-1991), was first published in 1937 by Vanguard Press.

In a nutshell, economics is a framework for understanding the world around us and It involves questioning why things happen, finding ways to resolve challenges and how we can provide more to those around us.

One of the first topics in our Kindernomics curriculum talks about Scarcity & Allocation. Seuss introduced the “basic economic problem of wants, resources, and opportunity cost” in several books. Two books went into the concepts with a bit more depth and touched upon how “troubles are a part of life everywhere” & the “choices in everyone’s life”.

Children make choices everyday through ordinary activities, such as deciding how they want to spend their pocket money and free time. We strongly believe that children need to make independent choices, understand trade-offs and learn how to make good decisions for the benefit of others and themselves.

“The more that you read, the more things you will know. The more you learn, the more places you’ll go.”

— Dr. Seuss, “I Can Read With My Eyes Shut!”

 


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