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Monday, August 03, 2020

Unpacking Deadlines and the Planning Fallacy

I am in the final stages of preparing my new article, The Contract Thicket: Addition and Supra Addition in Private Law Theory for submission. In the article I analyze the literature on the behavioral effects of bundling and unpacking in relation to contract terms that a lengthy and paired with many other restrictive terms. I will post more about the article and the arguments I develop about contract and antitrust law's treatment of such practices, but here is something I just cut out of the draft. It's about the planning fallacy and why people usually take on too much. This might be rather close to home for us scholars:

“Applied to the planning fallacy, support theory suggests that one reason people may underestimate task completion times is that they do not naturally unpack those tasks into their various subcomponents...Writing a manuscript,’ for instance, involves several different (and lengthy) constituents: completing the literature review, composing the general discussion, double-checking the statistical analyses, writing the references section, hounding (or pleading with) recalcitrant co-authors.”

It comes from an article by Kruger and Evans called If you don't want to be late, enumerate: Unpacking reduces the planning fallacy inJournal of Experimental Social Psychology 40(5):586-598 · September 2004.

Good advice and good luck with all your summer writing projects! Don't be late, enumerate...

Posted by Orly Lobel on August 3, 2020 at 06:16 PM | Permalink

Comments

Good article. Thank you for sharing articles that are very useful for everyone.

Posted by: Mathew | Aug 31, 2020 11:18:12 PM

This is good information to know, thanks for sharing!

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Posted by: Millay Moede | Aug 4, 2020 7:09:54 AM

I couldn't right now. But I have found, another research, on the same subject it seems clearly so, titled:

" Unpacking Estimates of Task Duration: The Role of Typicality and Temporality"

Here:

https://core.ac.uk/download/pdf/20665233.pdf

Posted by: El roam | Aug 3, 2020 8:09:52 PM

There is an Expired Error in the link I have left down there. I shall look for another link.

Posted by: El roam | Aug 3, 2020 8:03:29 PM

Good luck with it. One may reach the article, here:

https://bit.ly/3ftMmjk

Posted by: El roam | Aug 3, 2020 8:01:09 PM

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