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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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longitudinal experiment over four weeks, individuals have to complete a cumbersome task of unknown length. They are exposed to …
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-routine task and identify the importance of these behavioral aspects. In a field experiment (n>1,700 participants), we vary the …
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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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This paper experimentally studies two simple interventions aimed at increasing public goods provision in settings in which accurate feedback about contributions is not available. The first intervention aims to exploit lying aversion by requiring subjects to send a non-verifiable ex post...
Persistent link: https://www.econbiz.de/10011982104
experiment with a large representative sample (N = 1,832), we vary whether risky choices are induced to be based on either …
Persistent link: https://www.econbiz.de/10012118611