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Error Prone Inference from Response Time: The Case of Intuitive Generosity in Public-Good Games

Lise Vesterlund
Authors registered in the RePEc Author Service: Maria P. Recalde

No 5662, Working Paper from Department of Economics, University of Pittsburgh

Abstract: Higher contributions by fast decision-makers in public-good games may not resultfrom greater generosity but from mistakes. In several public-good games we vary the location ofthe unique dominant strategy equilibrium. In games with interior equilibria the correlationbetween response time and contributions is negative when the equilibrium lies below themidpoint of the strategy space, but positive when it lies above the midpoint. Fast decisionmakersare also found less generous in simple constant-return public-good games with a fullprovisionequilibrium. In all investigated public-good games fast decision-makers are largelyinsensitive to incentives and more often make mistakes.1

Date: 2015-01
New Economics Papers: this item is included in nep-hpe and nep-neu
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Citations: View citations in EconPapers (16)

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Related works:
Journal Article: Error-prone inference from response time: The case of intuitive generosity in public-good games (2018) Downloads
Working Paper: Error Prone Inference from Response Time: The Case of Intuitive Generosity in Public Good Times (2014) Downloads
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