Instinctive and Cognitive Reasoning: A Study of Response Times

Ariel Rubinstein ()

No 1424, Discussion Papers from Northwestern University, Center for Mathematical Studies in Economics and Management Science

Abstract: 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.

Keywords: Response Time; Instinctive and Cognitive Reasoning; Experimental Game Theory (search for similar items in EconPapers)
JEL-codes: C9 (search for similar items in EconPapers)
Date: 2006-04
New Economics Papers: this item is included in nep-cbe, nep-exp and nep-neu
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Citations: View citations in EconPapers (4)

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Related works:
Journal Article: Instinctive and Cognitive Reasoning: A Study of Response Times (2007)
Working Paper: Instinctive and Cognitive Reasoning: A Study of Response Times (2006)
Working Paper: Instinctive and Cognitive Reasoning: A Study of Response Times (2006)
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