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The impact of a limited time perspective on information distortion

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  • Chaxel, Anne-Sophie
  • Wiggins, Catherine
  • Xie, Jieru

Abstract

The present research examines how a limited time perspective influences the processing of new information during choice making. Specifically, we examine how perceptions of a limited future promote the distortion of new information in favor of one’s prior beliefs. Across five studies, we provide evidence of a link between more-limited time perspectives and higher information distortion, and we illuminate the proposed process: the adoption of a cognitive consistency goal when the time perspective is limited. Overall, the current work identifies a new driver of distortion—the amount of time individuals believe remains in the future. Furthermore, it contributes a novel source of biased information processing that is motivational in nature rather than the result of a lack of cognitive resources: the mere belief regarding how much time remains in the future influences information processing goals and, subsequently, how decision-makers process new information.

Suggested Citation

  • Chaxel, Anne-Sophie & Wiggins, Catherine & Xie, Jieru, 2018. "The impact of a limited time perspective on information distortion," Organizational Behavior and Human Decision Processes, Elsevier, vol. 149(C), pages 35-46.
    • Handle: RePEc:eee:jobhdp:v:149:y:2018:i:c:p:35-46
    DOI: 10.1016/j.obhdp.2018.09.001
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    1. Moren Lévesque & Ute Stephan, 2020. "It’s Time We Talk About Time in Entrepreneurship," Entrepreneurship Theory and Practice, , vol. 44(2), pages 163-184, March.

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