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Time Pressure Preferences

Buser, Thomas ; van Veldhuizen, Roel LU orcid and Zhong, Yang (2024) In Management Science
Abstract
Many professional and educational settings require individuals to be willingand able to perform under time pressure. We use a laboratory experiment and survey datato study preferences for working under time pressure. We make three main contributions.First, we develop an incentivized method to measure preferences for working under timepressure and document that participants in our laboratory experiment are averse to work-ing under time pressure on average. Second, we show that there is substantial heterogene-ity in the degree of time pressure aversion across individuals and that these individualpreferences can be partially captured by simple survey questions. Third, we include thesequestions in a survey of bachelor’s degree students and a... (More)
Many professional and educational settings require individuals to be willingand able to perform under time pressure. We use a laboratory experiment and survey datato study preferences for working under time pressure. We make three main contributions.First, we develop an incentivized method to measure preferences for working under timepressure and document that participants in our laboratory experiment are averse to work-ing under time pressure on average. Second, we show that there is substantial heterogene-ity in the degree of time pressure aversion across individuals and that these individualpreferences can be partially captured by simple survey questions. Third, we include thesequestions in a survey of bachelor’s degree students and a nationally representative surveypanel and show that time pressure preferences predict career choices and income. Ourresults indicate that individual differences in time pressure aversion could be an influentialfactor in determining labor market outcomes. (Less)
Please use this url to cite or link to this publication:
author
; and
organization
publishing date
type
Contribution to journal
publication status
epub
subject
keywords
time pressure, experiment, career choice, validated survey measures
in
Management Science
publisher
Informs
ISSN
1526-5501
DOI
10.1287/mnsc.2023.02078
language
English
LU publication?
yes
id
86347d36-2c80-4daf-bf4f-6d57440d90a1
date added to LUP
2024-06-12 11:12:47
date last changed
2024-06-12 13:24:10
@article{86347d36-2c80-4daf-bf4f-6d57440d90a1,
  abstract     = {{Many professional and educational settings require individuals to be willingand able to perform under time pressure. We use a laboratory experiment and survey datato study preferences for working under time pressure. We make three main contributions.First, we develop an incentivized method to measure preferences for working under timepressure and document that participants in our laboratory experiment are averse to work-ing under time pressure on average. Second, we show that there is substantial heterogene-ity in the degree of time pressure aversion across individuals and that these individualpreferences can be partially captured by simple survey questions. Third, we include thesequestions in a survey of bachelor’s degree students and a nationally representative surveypanel and show that time pressure preferences predict career choices and income. Ourresults indicate that individual differences in time pressure aversion could be an influentialfactor in determining labor market outcomes.}},
  author       = {{Buser, Thomas and van Veldhuizen, Roel and Zhong, Yang}},
  issn         = {{1526-5501}},
  keywords     = {{time pressure; experiment; career choice; validated survey measures}},
  language     = {{eng}},
  publisher    = {{Informs}},
  series       = {{Management Science}},
  title        = {{Time Pressure Preferences}},
  url          = {{http://dx.doi.org/10.1287/mnsc.2023.02078}},
  doi          = {{10.1287/mnsc.2023.02078}},
  year         = {{2024}},
}