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We explore how examiner behavior is altered by the time allocated for reviewing patent applications. Insufficient examination time may hamper examiner search and rejection efforts, leaving examiners more inclined to grant invalid applications. To test this prediction, we use application-level...
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This paper presents an empirical investigation of the relation between decision speed and decision quality for a real-world setting of cognitively-demanding decisions in which the timing of decisions is endogenous: professional chess. Move-by-move data provide exceptionally detailed and precise...
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-price (English) auctions with independent private values. In a laboratory experiment, we find that individuals overbid more than …
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experiment with a large representative sample (N = 1,832), we vary whether risky choices are induced to be based on either …
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