Economics, Econometrics and Finance
4 years ago

Procrastination in Japanese Decision Making: A Costly Game of Chicken

CIRJE J-Series
"Propensity to Procrasternate and Collective Decisionmaking Systems in Japan"(in Japanese)
Masahiro Okuno‐Fujiwara, Toshiaki Kouno

Paper Summary

People in Japan tend to procrastinate in group decision-making situations, leading to wasted time and blame-shifting. This behavior is like a game of chicken, with different outcomes depending on how roles are respected. The way roles are perceived can affect the extent of procrastination in Japan's decision-making systems.

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