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A downturn also forces companies to make tough choices that are easy to postpone when the sun is shining.
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At first, Mrs. Valentin found it all too easy to postpone filing for the fund.
And, as we saw there, once people begin to ask questions about future stability it becomes too easy to postpone or even cancel future plans.
Some of the psychology is about human information processing, and this is a kind of a household decision that is unfamiliar and easy to postpone".
It is easy to postpone the unpleasant task of confronting the lessons of past failures.
It's easy to postpone stock and other investment sales until the time is propitious.
Without studies and scientific arguments it is very easy to postpone any good initiatives for new legislation.
If your life is crazy busy, you might find it easy to postpone any downtime until later.
Since open-ended tasks with distant deadlines are much easier to postpone than focussed, short-term projects, dividing projects into smaller, more defined sections helps.
While the confidential filings were designed to make it easier to go public, it also makes it easier to postpone IPOs because there's less external pressure.
We're apt to tell ourselves the lie, "I'll do it later," making it easier to postpone.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com