Biased time perception leads to suboptimal economic decisions, study finds.
The study found that people's perception of time can affect their decisions about when to choose rewards. When people feel like time is passing quickly, they tend to be more patient in waiting for rewards. The researchers tested this by making some participants think harder, which made them feel like time was passing faster. These participants were more patient in choosing rewards. This shows that our sense of time can influence our choices about when to wait for rewards.