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...

Im vorliegenden Diskussions-Papier werden die externen Luftverschmutzungskosten des motorisierten Individualverkehrs (MIV) für verschiedene Technologien, Fahrsituationen und alle Regionen in Deutschland berechnet. Dabei ist das Ziel der Untersuchung, die Notwendigkeit einer fahrtortsbezogenen...

We analyze both theoretically and empirically how monetary incentives and information about others’ behavior affect dishonesty. We run a laboratory experiment with 560 participants, each of whom observes a number from one to six with there being a payoff associated with each number. They can...