“…To capture the key difference between the two, metaphorically speaking, in concrete/lowlevel construal, the ability to see the forest beyond trees is no longer preserved and an individual keeps losing a broader perspective and finds themself to be lost in concreteness (Fujita et al, 2006). Based on such conceptualization, self-control failure can be understood as a "goal shortsightedness" caused by concrete, low-level construal mindset (Carnevale & Fujita, 2016;Fujita et al, 2006;Fujita & Han, 2009) and such goal-related myopia is associated not only to various health-related self-regulatory issues (Chiou et al, 2013;Fujita et al, 2006;Fujita & Han, 2009) but also to economic decision-making such as delay discounting, as indicated by an emerging body of evidence (e.g., Bischoff & Hansen, 2016;Fujita et al, 2006;Malkoc et al 2010;Yi et al, 2017). It is believed that high delay discounting, that is, high impulsivity or impatient behavior contributes to a person's adverse economic situation or traps the person in the poverty cycle (Carvalho, 2010;Epper et al, 2019;Farah and Hook, 2017;Haushofer and Fehr, 2019).…”