The impact of time limitation: Insights from a queueing experiment

Author:

Conte Anna,Scarsini Marco,Sürücü Oktay

Abstract

AbstractWe experimentally explore the effects of time limitation on decision making. Under different time allowance conditions, subjects are presented with a queueing situation and asked to join one of the two given queues. The results can be grouped under two main categories. The first one concerns the factors driving decisions in a queueing system. Only some subjects behave consistently with rationality principles and use the relevant information efficiently. The rest of the subjects seem to adopt a simpler strategy that does not incorporate some information into their decision. The second category is related to the effects of time limitation on decision performance. A substantial proportion of the population is not affected by time limitations and shows consistent behavior throughout the treatments. On the other hand, some subjects’ performance is impaired by time limitations. More importantly, this impairment is not due to the stringency of the limitation but rather to being exposed to a time constraint.

Publisher

Cambridge University Press (CUP)

Subject

Economics and Econometrics,Applied Psychology,General Decision Sciences

Cited by 3 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

1. Science of Decision-Making Related to Afghanistan and the CASA Region;The Great Power Competition Volume 4;2023

2. Voting under time pressure;Judgment and Decision Making;2022-09

3. Experienced and Prospective Wait in Queues: A Behavioral Investigation;SSRN Electronic Journal;2022

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