Details

Autor(en) / Beteiligte

• Kyu Kim, B.
• Zauberman, Gal
• Bettman, James R.

Titel

Space, Time, and Intertemporal Preferences

Ist Teil von

• The Journal of consumer research, 2012-12, Vol.39 (4), p.867-880

Ort / Verlag

Oxford: University of Chicago Press

Erscheinungsjahr

2012

Quelle

Oxford Journals 2020 Social Sciences

Beschreibungen/Notizen

• Although subjective judgment of future time plays an important role in a variety of decisions, little is known about the factors that influence such judgments and their implications. Based on a time as distance metaphor and its associated conceptual mapping between space and time, this article demonstrates that spatial distance influences judgment of future time. Participants who consider a longer spatial distance judge the same future time to be longer than those considering a shorter distance. Intertemporal preferences, for which judgment of future delays is a critical factor, also shift with consideration of spatial distance: participants who consider a longer spatial distance also reveal a greater degree of impatience in intertemporal decisions as they perceive a longer delay to future rewards. The current findings support the importance of subjective judgment of future time in intertemporal preferences by introducing a factor that changes time perception without directly changing the value of outcomes.