Exploring the role of deliberation time in non-selfish behavior: The double response method

Michal Krawczyk and Marta Sylwestrzak

Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), 2018, vol. 72, issue C, 121-134

Abstract: In this paper, we explore the Double Response research method, in which, in each decision task, subjects supply one quick choice and one additional choice after a longer deliberation time. Assuming a simple dual-process framework, with the two modes of judgment running parallel to each other providing the decision-maker with their final estimates of the utility difference between the options, this method incentivizes the decision-maker to indicate which option they prefer in System 1 and which option is preferred in System 2. We apply the method to a series of simple decision tasks aimed at eliciting subjects’ social preferences (as in Charness and Rabin, 2002). We observe that time pressure leads to a negative attitude towards the earnings of other participants when they are higher than those of the decision-maker. In other words, deliberation decisions are typically updated towards those corresponding with lower aversion to disadvantageous inequality (“envy”).

Keywords: Response time; Design of laboratory experiments; Other-regarding preference; Inequality aversion (search for similar items in EconPapers)
JEL-codes: C9 (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:soceco:v:72:y:2018:i:c:p:121-134

DOI: 10.1016/j.socec.2017.12.004

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