Nota di Lavoro, Fondazione Eni Enrico Mattei 36.2006
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.
Response Times Instinctive and Cognitive Reasoning Experimental Game Theory