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Time Pressure and Decision Making

DeDonno, Michael Anthony
http://rave.ohiolink.edu/etdc/view?acc_num=case1232579823

Abstract Details

2009, Doctor of Philosophy, Case Western Reserve University, Psychology.
The purpose of the present study was to determine if either time pressure or the perception of the sufficiency of time affects performance on the Iowa Gambling Task. One hundred and fifty four participants were randomly assigned to one of two groups. The first group completed the gambling task without significant time pressure while the second group completed the task under significant time pressure. Each group was further divided into two sub-groups. One sub-group was told that the time allotted was sufficient to complete the task while the second sub-group was informed the time allotted was insufficient to complete the task. Task performance, defined as explicit knowledge of the better decks and risk taking behavior, was explored under these time and sufficiency constraints. The major findings can be summarized as follows: (1) Participants who were advised that time was sufficient to complete the task outperformed those who were advised that time was insufficient to complete the task. (2) Participants who were given ample time to complete the task did not outperform those who were given less time to complete the task. (3) Sufficiency and time had an impact on explicit knowledge of which decks were good or bad. (4) Sufficiency and time did not have an effect on the selection of cards from risky or safe decks. Developers of time management products would be well advised to include exercises that would build the individuals confidence in completing tasks under stressed time limits. The goal is not to maximize our time but to optimize our abilities to make quality decisions within each moment of time.
Heath Demaree, PhD (Committee Co-Chair)
Douglas Detterman, PhD (Committee Co-Chair)
Joseph Fagan, PhD (Committee Member)
Robert Slonim, PhD (Committee Member)
47 p.
Psychology
Time Pressure; Decision Making; Iowa Gambling Task

Recommended Citations

Citations

  • DeDonno, M. A. (2009). Time Pressure and Decision Making [Doctoral dissertation, Case Western Reserve University]. OhioLINK Electronic Theses and Dissertations Center. http://rave.ohiolink.edu/etdc/view?acc_num=case1232579823

    APA Style (7th edition)

  • DeDonno, Michael. Time Pressure and Decision Making. 2009. Case Western Reserve University, Doctoral dissertation. OhioLINK Electronic Theses and Dissertations Center, http://rave.ohiolink.edu/etdc/view?acc_num=case1232579823.

    MLA Style (8th edition)

  • DeDonno, Michael. "Time Pressure and Decision Making." Doctoral dissertation, Case Western Reserve University, 2009. http://rave.ohiolink.edu/etdc/view?acc_num=case1232579823

    Chicago Manual of Style (17th edition)

case1232579823
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© 2008, all rights reserved.
This open access ETD is published by Case Western Reserve University School of Graduate Studies and OhioLINK.