Speed-accuracy tradeoff (SAT) in the decision making of humans and animals is a well-documented phenomenon, but its underlying neuronal mechanism remains unclear. Modeling approaches have conceptualized SAT through the threshold hypothesis as adjustments to the decision threshold. However, the leading neurophysiological view is the gain modulation hypothesis. This hypothesis postulates that the SAT mechanism is implemented through changes in the dynamics of the choice circuit, which increase the baseline firing rate and the speed of neuronal integration. In this paper, I investigated alternative computational mechanisms of SAT and showed that the threshold hypothesis was qualitatively consistent with the behavioral data, but the gain modulation hypothesis was not. In order to reconcile the threshold hypothesis with the neurophysiological evidence, I considered the interference of alpha oscillations with the decision process and showed that alpha oscillations could increase the discriminatory power of the decision system, although they slowed down the decision process. This suggests that the magnitude of alpha waves suppression during the event related desynchronization (ERD) of alpha oscillations depends on a SAT condition and the amplitude of alpha oscillations is lower in the speed condition. I also showed that the lower amplitude of alpha oscillations resulted in an increase in the baseline firing rate and the speed of neuronal intergration. Thus, the interference of the event related desynchronization of alpha oscillations with a SAT condition explains why an increase in the baseline firing rate and the speed of neuronal integration accompany the speed condition.