A Research About The Impact Of Time Pressure And Decision-making Role On Risk Decision

Objective:1.At the same time,two variables of time pressure and decision role are introduced to explore the relationship between the two and risk decision.2.Classify and refine the decision-making situation,and discuss the influence of time pressure and decision-making role on risk decision-making under different situations.Method:The study included three experiments: the time pressure setting in the formal experiment was determined by pre-experimentation.The three-factor mixed experiment design of 2(time pressure: time pressure,no time pressure)× 2(decision-making role: self-decision,forecasting others decision)× 2(frame attribute: positive frame,negative frame).Experiment 1 explores the impact of the three variables on risk decision-making in the field of life problems.Experiment 2 explores the impact of the three variables on risk decision-making in the field of money.And time pressure,decision role,frame attribute as the independent variable.In the above three factors,the time pressure is wit hin-subject variable,the decisionmaking role and the frame attribute are between-variables.The risk score of the subjects is the dependent variable.Results:In the situation of life,(1)the effect of decision-making roles was significant(p=0.001,p<0.05),self-decision was more inclined to risk;(2)the effect of frame type on risk decision-making was significant(p=0.012,p<0.05),negative frame was more inclined to risk;(3)there were interaction between time pressure and decision-making role(p=0.005,p<0.05).Under the no time-pressure condition,the individual was more inclined to risk than forecasting others.Under the condition of time pressure,there was not significant between individual self-decision and forecasting others.(4)there were interaction be tween time pressure and framework attribute(p=0.008,p<0.05).Under the no time-pressure condition,there was not significant between positive and the negative frame.Under the time pressure condition,the individual was more inclined to risk under the posi tive frame.In the situation of money,(1)the effect of time pressure was significant(p=0.002,p<0.05),the individual was more inclined to risk;(2)there were interaction between time pressure and decision role(p=0.037,p<0.05).Under the condition of time pressure,there was not significant between individual self-decision and forecasting others.Under time pressure,individual predicting others was more inclined to risk.Conclusion:1.Time pressure,decision roles and framework attributes affect risk de cisionmaking,and the impact mechanism is complex.2.The time pressure,the role of decision-making on the impact of risk decisions are also different under different decision-making context.