Space, Time, and Intertemporal Preferences

Bibliographic Data

ID2222995
AuthorsB Kyu Kim (0000-0003-3637-4058, University of Southern California), Gal Zauberman (0000-0001-5416-9555), James R Bettman (Duke University)
Year2012
Volume39
Issue4
Pages867-880
Publication date2012-12-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueJournal of Consumer Research (JOURNAL)
Journal identifiersISSN: 0093-5301 • E-ISSN: 1537-5277
PublisherOxford University Press (OUP) (PUBLISHER)
DOI10.1086/666464
OpenAlexW2162542113
LanguageEN
Citations received14
References cited33

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

Cognitive psychology · Construal level theory · Econometrics · Economics · Intertemporal choice · Microeconomics · Perception · Space (punctuation) · Statistics · Time perception · Time preference · Value (mathematics) · Variety (cybernetics) · Behavioral Health and Interventions · Computer Science · Decision-Making and Behavioral Economics · Mathematics · Olfactory and Sensory Function Studies · Psychology · Social Psychology

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