Time urgency and the Type A behavior pattern: Implications for time investment and psychological entrapment

Abstract

Type A's have been described as more time urgent than Type B's, and research indicates that they underestimate the passage of fixed time intervals. The present study examined the implications of these differences in time perception for decisions where time is a resource that can be invested. Type A's and B's were given an initial stake of $4 and provided the opportunity to invest some or all of that amount for the chance to win an additional $2. Investment occurred as a function of time, with subjects believing they would win the additional $2 if a counter reached a randomly determined number. Each unit increment on the counter also resulted in the loss of 1¢ from the initial stake, thus as the counter progressed, goal attainment became more certain, but expenses also increased. Subjects could stop the counter at any time and keep the remainder of their initial stake or continue to invest until the initial stake was depleted (the counter was programmed to never hit the “jackpot”). Half of the subjects could monitor the counter directly, while the other half could not and had to rely on their subjective time estimates. Results indicated that when objective time passage cues were present, Type A's and B's did not differ in their investment decisions. When subjects had to estimate time passage, however, Type A's invested far more than Type B's. These results indicate that under appropriate conditions, Type A's are more susceptible than Type B's to psychological entrapment.