, because the economics literature on group decision making has, so far, assumed homogeneity within groups. In a lab experiment …

This paper presents an empirical investigation of the relation between decision speed and decision quality for a real …-by-move data provide exceptionally detailed and precise information about decision times and decision quality, based on a … with the predictions of procedural decision models like drift-diffusion-models in which decision makers sequentially …

irrespective of whether the experience is social or not. Our findings are in line with recent evidence on decision making under … various forms of social decision making. Our results suggest that the overall valence of an experience (gain or loss) matters …

and decision time. Overall, the data show that more people follow the default if the nudge is made transparent. More … importantly, though, effects of transparency differ depending on whether people are fast or slow in their decision making. In … particular, (only) slow decision makers react more positively (keeping the default) if nudging is made transparent. Moreover, the …

inequality, whereas low-wage female workers reduce labor supply only if unequal pay is due to gender-discriminatory chances. Our …