Instinctive and Cognitive Reasoning: A Study of Response Times
Data
01.01.2006
01.01.2006
Autori
Ariel Rubinstein
Codice JEL
C9
C9
Parole chiave:
Response Times,Instinctive and Cognitive,Reasoning,Experimental Game
Response Times,Instinctive and Cognitive,Reasoning,Experimental Game
Publisher
Economy and Society
Economy and Society
Editor
Fausto Panunzi
Fausto Panunzi
Lecture audiences and students were asked to respond to virtual decision and game situations at gametheory.tau.ac.il. Several thousand observations were collected and the response time for each answer was recorded. There were significant differences in response time across responses. It is suggested that choices made instinctively, that is, on the basis of an emotional response, require less response time than choices that require the use of cognitive reasoning.