EconPapers    
Economics at your fingertips  
 

Social Information Processing in Strategic Decision Making: Why Timing Matters

Susanne Abele (), Herbert Bless () and Karl-Martin Ehrhart ()
Additional contact information
Susanne Abele: Miami University, Department of Psychology
Herbert Bless: Mikrosoziologie und Sozialpsychologie Universität Mannheim, Postal: Seminargebäude A 5 D-68131 Mannheim
Karl-Martin Ehrhart: Universitaet Karlsruhe, Postal: RZ Zirkel 2 D-76128 Karlsruhe

No 02-36, Sonderforschungsbereich 504 Publications from Sonderforschungsbereich 504, Universität Mannheim, Sonderforschungsbereich 504, University of Mannheim

Abstract: In strategic decision situations, as they are modeled in games, the outcome of decisions depend on all decision-makers involved. In such situations people make different decisions when moving simultaneously compared to moving sequentially without knowledge of earlier moves. This is called the timing-effect, which cannot be explained by classical game-theory (which is not predicted by game-theory). We hypothesize that pseudo-sequential game structures activate concepts of social interactions, which in turn increases individual’s interpersonal trust and decreases individual’s risk-aversion in situations of interdependence. Simultaneous game-structures are more likely to activate concepts of games-of-chances, as a consequence the possibility of an actual total loss is more salient. In four experiments participants played a coordination game either simultaneously or pseudo-sequentially. Additionally we manipulated processing time (experiment 1), assessed participants perception of game-features (experiment 2) and manipulated activation of concepts like social interactions (experiment 3). Results support our hypothesis that different cognitive processes, which either intensify or diminish the focus on the other person, mediate the timing effect. In experiment 4 we reversed the timing-effect by embedding the game into a competitive context.

Pages: 33 pages
Date: 2001-12-28
Note: Financial support from the Deutsche Forschungsgemeinschaft, SFB 504, at the University of Mannheim, is gratefully acknowledged.
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:xrs:sfbmaa:02-36

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in Sonderforschungsbereich 504 Publications from Sonderforschungsbereich 504, Universität Mannheim Contact information at EDIRC., Sonderforschungsbereich 504, University of Mannheim
Bibliographic data for series maintained by Carsten Schmidt ( this e-mail address is bad, please contact ).

 
Page updated 2025-04-03
Handle: RePEc:xrs:sfbmaa:02-36