Abstract:

“Putting a price on time” means thinking about time in terms of money and endowing time an economic value. Many studies showed that putting a price on time will have effects on individual’s overwork, volunteer behavior and happiness experience. We analyze the psychological mechanisms of the influences in cognition and emotion perspectives. Many questions should be further explored: (1) The double effect of “putting a price on time” on happiness; (2) The enlightenment of “putting a price on time” on organizational management; (3) The exploration of the neurophysiologic mechanism of “putting a price on time”.

Key words: putting a price on time, overwork, well-being, time pressure, the double effect