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The Thief of TimePhilosophical Essays on Procrastination$
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Chrisoula Andreou and Mark D. White

Print publication date: 2010

Print ISBN-13: 9780195376685

Published to Oxford Scholarship Online: May 2010

DOI: 10.1093/acprof:oso/9780195376685.001.0001

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Bad Timing

Bad Timing

Chapter:
(p.87) 5 Bad Timing
Source:
The Thief of Time
Author(s):

Jon Elster

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780195376685.003.0005

In this chapter, procrastination is viewed as a species of a more general phenomenon, bad timing, which also includes premature decisions. The badness of bad timing is defined in terms of rational-choice theory. Sources of premature decisions include emotionally induced urgency and hyperbolic time discounting. Procrastination may also result from the latter mechanism, as well as from loss aversion and the need to act for sufficient reasons.

Keywords:   emotion, irrationality, perfectionism, planning fallacy, procrastination, time discounting, urgency

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