When a flash is aligned with a moving object, subjects perceive the flash t
o lag behind the moving object. Two different models have been proposed to
explain this "flash-lag" effect. In the motion extrapolation model, the vis
ual system extrapolates the location of the moving object to counteract neu
ral propagation delays, whereas in the latency difference model, it is hypo
thesized that moving objects are processed and perceived more quickly than
flashed objects. However, recent psychophysical experiments suggest that ne
ither of these interpretations is feasible (Eagleman & Sejnowski, 2000a, 20
00b, 2000c), hypothesizing instead that the visual system uses data from th
e future of an event before committing to an interpretation. We formalize t
his idea in terms of the statistical framework of optimal smoothing and sho
w that a model based on smoothing accounts for the shape of psychometric cu
rves from a flash-lag experiment involving random reversals of motion direc
tion. The smoothing model demonstrates how the visual system may enhance pe
rceptual accuracy by relying not only on data from the past but also on dat
a collected from the immediate future of an event.