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The planning fallacy put into context: Investigating the role of control in human time perception

Abstract:

People are prone to underestimate how long tasks will take them. This is a common phenomenon that has been named the planning fallacy (Kahneman & Tversky, 1977). This phenomenon can be observed in everyday life on relatively short time scales and also holds true for large-scale projects that involve forecasting for long time horizons. Kahneman and Lovallo (1993) suggested that one mechanism that could underlie the planning fallacy is the so-called optimism bias, a bias which has also been ...

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Institution:
University of Oxford
Division:
MSD
Department:
Experimental Psychology
Sub department:
Experimental Psychology
Oxford college:
Pembroke College
Role:
Author

Contributors

Institution:
University of Oxford
Division:
MSD
Department:
Experimental Psychology
Sub department:
Experimental Psychology
Oxford college:
Corpus Christi College
Role:
Supervisor
ORCID:
0000-0002-8763-5062
Institution:
University of Oxford
Division:
SSD
Department:
Saïd Business School
Sub department:
Saïd Business School
Oxford college:
Pembroke College
Role:
Supervisor
ORCID:
0000-0001-5153-641X
Type of award:
DPhil
Level of award:
Doctoral
Awarding institution:
University of Oxford

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