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The Impact of Time Perception Processes on Decision Making under Time Stress

  • Chapter
Time Pressure and Stress in Human Judgment and Decision Making

Abstract

The purpose of the present chapter is to introduce a model for explaining the noxious effects of time stress on decision-making optimality. Although the impact of time stress on decision making is well documented, there is no clear explanation for that phenomenon. So far, no specific theoretical model of decision making under time stress has been developed. The model presented here is based on time perception processes, a cognitive domain that is usually neglected in the decision-making literature.

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Author information

Authors and Affiliations

  1. Department of Psychology, Tel-Aviv University, Ramat Aviv, Israel

    Dan Zakay

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  1. Dan Zakay
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Editors and Affiliations

  1. Department of Psychology, Stockholm University, Stockholm, S-10691, Sweden

    Ola Svenson

  2. School of Business and Economic Studies, University of Leeds, Leeds, LS2 9JT, England

    A. John Maule

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© 1993 Springer Science+Business Media New York

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Zakay, D. (1993). The Impact of Time Perception Processes on Decision Making under Time Stress. In: Svenson, O., Maule, A.J. (eds) Time Pressure and Stress in Human Judgment and Decision Making. Springer, Boston, MA. https://doi.org/10.1007/978-1-4757-6846-6_4

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  • DOI: https://doi.org/10.1007/978-1-4757-6846-6_4

  • Publisher Name: Springer, Boston, MA

  • Print ISBN: 978-1-4419-3233-4

  • Online ISBN: 978-1-4757-6846-6

  • eBook Packages: Springer Book Archive

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