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Showing posts with the label conscious bias

The Impact of Time Pressure and Deadlines on Decision-Making Bias

In the fast-paced world we live in, deadlines and time constraints are a part of our daily lives. Have you ever noticed that as these deadlines approach, your decision-making seems to change? Perhaps you've observed people around you are interpreting rules differently or altering their behaviour when time is running out. This phenomenon is not mere coincidence; it's the result of a fascinating interplay between conscious bias and time pressure. In this article, we'll explore how being close to a deadline can influence our decisions and behaviours, leading to conscious bias.  Time Pressure and Bias Research in psychology and behavioral economics has long shown that time pressure can significantly affect the way we make decisions. When we're under the gun, we often resort to mental shortcuts called heuristics. These shortcuts can lead to biased decision-making as we prioritize speed over thorough analysis. For instance, think about a project with a looming deadline. Y...