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When Time Is Money: Decision Behavior under Opportunity-Cost Time Pressure

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  • Payne, John W.
  • Bettman, James R.
  • Luce, Mary Frances

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  • Payne, John W. & Bettman, James R. & Luce, Mary Frances, 1996. "When Time Is Money: Decision Behavior under Opportunity-Cost Time Pressure," Organizational Behavior and Human Decision Processes, Elsevier, vol. 66(2), pages 131-152, May.
  • Handle: RePEc:eee:jobhdp:v:66:y:1996:i:2:p:131-152
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    Cited by:

    1. Buckert, Magdalena & Oechssler, Jörg & Schwieren, Christiane, 2017. "Imitation under stress," Journal of Economic Behavior & Organization, Elsevier, vol. 139(C), pages 252-266.
    2. Kluger, Avraham N. & Stephan, Elena & Ganzach, Yoav & Hershkovitz, Meirav, 2004. "The effect of regulatory focus on the shape of probability-weighting function: Evidence from a cross-modality matching method," Organizational Behavior and Human Decision Processes, Elsevier, vol. 95(1), pages 20-39, September.
    3. Kocher, Martin G. & Sutter, Matthias, 2006. "Time is money--Time pressure, incentives, and the quality of decision-making," Journal of Economic Behavior & Organization, Elsevier, vol. 61(3), pages 375-392, November.
    4. repec:eee:jouret:v:86:y:2010:i:4:p:386-400 is not listed on IDEAS
    5. Saqib, Najam U. & Chan, Eugene Y., 2015. "Time pressure reverses risk preferences," Organizational Behavior and Human Decision Processes, Elsevier, vol. 130(C), pages 58-68.
    6. Chorus, Caspar G. & Arentze, Theo A. & Molin, Eric J.E. & Timmermans, Harry J.P. & Van Wee, Bert, 2006. "The value of travel information: Decision strategy-specific conceptualizations and numerical examples," Transportation Research Part B: Methodological, Elsevier, vol. 40(6), pages 504-519, July.
    7. Martin G. Kocher & Julius Pahlke & Stefan T. Trautmann, 2013. "Tempus Fugit : Time Pressure in Risky Decisions," Management Science, INFORMS, vol. 59(10), pages 2380-2391, October.
    8. Essl, Andrea & Jaussi, Stefanie, 2017. "Choking under time pressure: The influence of deadline-dependent bonus and malus incentive schemes on performance," Journal of Economic Behavior & Organization, Elsevier, vol. 133(C), pages 127-137.
    9. Chater, Nick & Oaksford, Mike & Nakisa, Ramin & Redington, Martin, 2003. "Fast, frugal, and rational: How rational norms explain behavior," Organizational Behavior and Human Decision Processes, Elsevier, vol. 90(1), pages 63-86, January.
    10. Luce, Mary Frances & Payne, John W. & Bettman, James R., 2000. "Coping with Unfavorable Attribute Values in Choice," Organizational Behavior and Human Decision Processes, Elsevier, vol. 81(2), pages 274-299, March.
    11. Matteo Cristofaro, 2016. "Cognitive styles in dynamic decision making: a laboratory experiment," International Journal of Management and Decision Making, Inderscience Enterprises Ltd, vol. 15(1), pages 53-82.
    12. Jeanne Lallement, 2010. "L'impact de la pression temporelle sur le traitement des informations," Post-Print hal-01488477, HAL.
    13. S. Iglesias-Parro & E.I. De la Fuente & A.R. Ortega, 2002. "The effect of context variables on cognitive effort in multiattribute binary choice," Theory and Decision, Springer, vol. 52(2), pages 101-125, March.
    14. Tse, Alan & Friesen, Lana & Kalaycı, Kenan, 2016. "Complexity and asset legitimacy in retirement investment," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 60(C), pages 35-48.
    15. repec:eee:jouret:v:90:y:2014:i:2:p:233-254 is not listed on IDEAS
    16. Young, Diana L. & Goodie, Adam S. & Hall, Daniel B. & Wu, Eric, 2012. "Decision making under time pressure, modeled in a prospect theory framework," Organizational Behavior and Human Decision Processes, Elsevier, vol. 118(2), pages 179-188.
    17. Chu, P. C. & Spires, Eric E., 2003. "Perceptions of accuracy and effort of decision strategies," Organizational Behavior and Human Decision Processes, Elsevier, vol. 91(2), pages 203-214, July.
    18. Sonntag, Axel, 2015. "Search costs and adaptive consumers: Short time delays do not affect choice quality," Journal of Economic Behavior & Organization, Elsevier, vol. 113(C), pages 64-79.
    19. Samson, Alain & Voyer, Benjamin G., 2014. "Emergency purchasing situations: Implications for consumer decision-making," Journal of Economic Psychology, Elsevier, vol. 44(C), pages 21-33.

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