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Title:Instinctive and cognitive reasoning: a study of response times PDF Logo
Authors:Rubinstein, Ariel
Issue Date:2006
Series/Report no.:Discussion paper // Center for Mathematical Studies in Economics and Management Science 1424
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.
Subjects:Response time
instinctive and cognitive reasoning
experimental game theory
JEL:C9
Document Type:Working Paper
Appears in Collections:Discussion Papers, Kellogg School of Management, Northwestern University

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