IDEAS home Printed from https://ideas.repec.org/a/gam/jijerp/v20y2023i4p3205-d1065765.html
   My bibliography  Save this article

Time Pressure Affects the Risk Preference and Outcome Evaluation

Author

Listed:
  • Chiuhsiang Joe Lin

    (Department of Industrial Management, National Taiwan University of Science and Technology, Taipei 106335, Taiwan)

  • Huiqiao Jia

    (Department of Industrial Management, National Taiwan University of Science and Technology, Taipei 106335, Taiwan
    Institute of Human Factors & Safety Engineering, Hunan Institute of Technology, Hengyang 421002, China)

Abstract

It is ubiquitous that food delivery riders do not have unlimited periods of time for deliberation to make decisions. Time pressure plays a significant role in decision-making processes. This study investigated how time pressure affected risk preference and outcome evaluation through behavioral and electrophysiological responses during decision-making. Participants finished a simple gambling task under three different time constraint conditions (high/medium/low). Behavioral and event-related potentials (ERPs) data were recorded during the experiment. The results showed that the decision time of people was shorter under high time pressure than under medium and low time pressures. People tend to make more risky choices when under high time pressure. The feedback-related negativity (FRN) amplitude was smaller in the high time pressure than in medium and low time pressure conditions. These findings provided evidence that time pressure has an impact on the risk decision-making process.

Suggested Citation

  • Chiuhsiang Joe Lin & Huiqiao Jia, 2023. "Time Pressure Affects the Risk Preference and Outcome Evaluation," IJERPH, MDPI, vol. 20(4), pages 1-14, February.
    • Handle: RePEc:gam:jijerp:v:20:y:2023:i:4:p:3205-:d:1065765
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1660-4601/20/4/3205/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/1660-4601/20/4/3205/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Dong, Hongming & Zhong, Shiquan & Xu, Shuxian & Tian, Junfang & Feng, Zhongxiang, 2021. "The relationships between traffic enforcement, personal norms and aggressive driving behaviors among normal e-bike riders and food delivery e-bike riders," Transport Policy, Elsevier, vol. 114(C), pages 138-146.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Liu, Yixiao & Tian, Zihao & Pan, Baoran & Zhang, Wenbin & Liu, Yunqi & Tian, Lixin, 2022. "A hybrid big-data-based and tolerance-based method to estimate environmental benefits of electric bike sharing," Applied Energy, Elsevier, vol. 315(C).
    2. Jibiao Zhou & Tao Zheng & Sheng Dong & Xinhua Mao & Changxi Ma, 2022. "Impact of Helmet-Wearing Policy on E-Bike Safety Riding Behavior: A Bivariate Ordered Probit Analysis in Ningbo, China," IJERPH, MDPI, vol. 19(5), pages 1-21, February.
    3. Fan, Zhang & Yanjie, Ji & Huitao, Lv & Yuqian, Zhang & Blythe, Phil & Jialiang, Fan, 2022. "Travel satisfaction of delivery electric two-wheeler riders: Evidence from Nanjing, China," Transportation Research Part A: Policy and Practice, Elsevier, vol. 162(C), pages 253-266.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jijerp:v:20:y:2023:i:4:p:3205-:d:1065765. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.