“…Time pressure, defined here as the frequency with which the decision maker is faced with new information to be processed within a certain time period, has been shown to reduce the quality of decision-making (Payne et al, 1993) in studies spanning a variety of contexts (e.g., Aminilari and Pakath, 2005;Kocher and Sutter, 2006;Lin and Su, 1998;Sarter and Schroeder, 2001;Thomas and Wickens, 2006). Prior research suggests that decision makers under increased time pressure gather less information and process it faster, causing some individuals to use simplifying heuristics to reduce effort, potentially lowering decision accuracy (e.g., Lin and Su, 1998;Payne et al, 1988;Payne et al, 1996;Tversky, 1972).…”