A timely account of the role of duration in decision making.


Journal Article (Review)

The current work takes a general perspective on the role of time in decision making. There are many different relationships and interactions between time and decision making, and no single summary can do justice to this topic. In this paper we will describe a few of the aspects in which time and decision making are interleaved: (a) temporal perspectives of decisions--the various temporal orientations that decision-makers may adopt while making decisions, and the impact of such temporal orientations on the decision process and its outcomes; (b) time as a medium within which decisions take place--the nature of decision processes that occur along time; (c) time as a resource and as a contextual factor--the implications of shortage in time resources and the impact of time limits on decision making processes and performance; (d) time as a commodity--time as the subject matter of decision making. The paper ends with a few general questions on the role of duration in decision making.

Full Text

Duke Authors

Cited Authors

  • Ariely, D; Zakay, D

Published Date

  • September 2001

Published In

Volume / Issue

  • 108 / 2

Start / End Page

  • 187 - 207

PubMed ID

  • 11569762

Pubmed Central ID

  • 11569762

Electronic International Standard Serial Number (EISSN)

  • 1873-6297

International Standard Serial Number (ISSN)

  • 0001-6918

Digital Object Identifier (DOI)

  • 10.1016/s0001-6918(01)00034-8


  • eng