Decision making under time pressure, modeled in a prospect theory framework.

@article{Young2012DecisionMU,
  title={Decision making under time pressure, modeled in a prospect theory framework.},
  author={Diana L. Young and Adam Goodie and Daniel B. Hall and Eric Wu},
  journal={Organizational behavior and human decision processes},
  year={2012},
  volume={118 2},
  pages={179-188}
}
The current research examines the effects of time pressure on decision behavior based on a prospect theory framework. In Experiments 1 and 2, participants estimated certainty equivalents for binary gains-only bets in the presence or absence of time pressure. In Experiment 3, participants assessed comparable bets that were framed as losses. Data were modeled to establish psychological mechanisms underlying decision behavior. In Experiments 1 and 2, time pressure led to increased risk… CONTINUE READING
Highly Cited
This paper has 34 citations. REVIEW CITATIONS
Recent Discussions
This paper has been referenced on Twitter 3 times over the past 90 days. VIEW TWEETS

From This Paper

Figures, tables, results, connections, and topics extracted from this paper.
19 Extracted Citations
36 Extracted References
Similar Papers

Citing Papers

Publications influenced by this paper.
Showing 1-10 of 19 extracted citations

Referenced Papers

Publications referenced by this paper.
Showing 1-10 of 36 references

The effect of time pressure on risky choice behavior

  • H. Ben Zur, S. J. Breznitz
  • Acta Psychologica,
  • 1981
Highly Influential
8 Excerpts

Mixed-effects models in S and S-PLUS

  • J. C. Pinheiro, D. M. Bates
  • 2000
Highly Influential
3 Excerpts

A tractable method to measure utility and loss aversion under prospect theory

  • M. Abdellaoui, H. Bleichrodt, O. L’Haridon
  • Journal of Risk and Uncertainty,
  • 2008

Similar Papers

Loading similar papers…