{"title":"Time's Influence: A Systematic Review of Biases in Intertemporal Decision-Making.","authors":"Pelin Gülüm Taş, Yousef Maknoon, Jafar Rezaei","doi":"10.1146/annurev-psych-091924-040158","DOIUrl":null,"url":null,"abstract":"<p><p>Cognitive biases significantly influence decision-making by distorting how individuals perceive and evaluate outcomes over time. This systematic review synthesizes research from various domains, including behavioral economics, psychology, and health, to explore six time-related biases affecting intertemporal judgments and trade-offs. We analyze the underlying mechanisms of each bias, map their interrelationships, and uncover their impacts on both individual choices and societal decisions. Drawing upon empirical evidence, we propose tailored strategies to mitigate the adverse effects of these biases. Our findings contribute to the literature not only by enhancing the understanding of time-related cognitive biases but also by providing practical insights for improving decision-making and policy design aimed at promoting long-term well-being. The review concludes by highlighting critical gaps in the literature and outlining a future research agenda to further investigate and address biases in intertemporal decision-making.</p>","PeriodicalId":8010,"journal":{"name":"Annual review of psychology","volume":" ","pages":""},"PeriodicalIF":29.4000,"publicationDate":"2025-08-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Annual review of psychology","FirstCategoryId":"102","ListUrlMain":"https://doi.org/10.1146/annurev-psych-091924-040158","RegionNum":1,"RegionCategory":"心理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"PSYCHOLOGY","Score":null,"Total":0}
引用次数: 0
Abstract
Cognitive biases significantly influence decision-making by distorting how individuals perceive and evaluate outcomes over time. This systematic review synthesizes research from various domains, including behavioral economics, psychology, and health, to explore six time-related biases affecting intertemporal judgments and trade-offs. We analyze the underlying mechanisms of each bias, map their interrelationships, and uncover their impacts on both individual choices and societal decisions. Drawing upon empirical evidence, we propose tailored strategies to mitigate the adverse effects of these biases. Our findings contribute to the literature not only by enhancing the understanding of time-related cognitive biases but also by providing practical insights for improving decision-making and policy design aimed at promoting long-term well-being. The review concludes by highlighting critical gaps in the literature and outlining a future research agenda to further investigate and address biases in intertemporal decision-making.
期刊介绍:
The Annual Review of Psychology, a publication that has been available since 1950, provides comprehensive coverage of the latest advancements in psychological research. It encompasses a wide range of topics, including the biological underpinnings of human behavior, the intricacies of our senses and perception, the functioning of the mind, animal behavior and learning, human development, psychopathology, clinical and counseling psychology, social psychology, personality, environmental psychology, community psychology, and much more. In a recent development, the current volume of this esteemed journal has transitioned from a subscription-based model to an open access format as part of the Annual Reviews' Subscribe to Open initiative. As a result, all articles published in this volume are now freely accessible to the public under a Creative Commons Attribution (CC BY) license.