When people think counterfactually about how a situation could have turned
out differently, they mentally undo events in regular ways (e.g., they focu
s on actions not failures to act). Four experiments examine the recent disc
overy that the focus on actions in the short term switches to inactions in
the long term. The experiments show that this temporal switch occurs only f
or particular sorts of situations. Experiment 1 showed no temporal pattern
to the agency effect when 112 participants judged emotional impact and freq
uency of "if-only" thoughts from both short- and long-term perspectives for
an investment scenario. Experiment 2 showed no temporal pattern when 190 p
articipants considered a college choice scenario with a good outcome. Exper
iment 3 showed no temporal pattern when 131 participants considered an inve
stment scenario even when the situation for the actor and nonactor was bad
from the outset. Experiment 4, with 113 participants, showed a focus on act
ions even when the investment loss was equal for both the actor and nonacto
r. The implications of the results are discussed in terms of what is explic
itly available in the mental representation of actions and inactions.