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We experimentally investigate the effect of time pressure in a rich-context, unstructured bargaining game with earned … very similar across different levels of time pressure. Nevertheless, as predicted, time pressure systematically influenced … with time pressure, and the likelihood of reaching the implicit reference point (equal division) in agreements decreases …
Persistent link: https://www.econbiz.de/10011410589
We experimentally investigate the effect of time pressure in a rich-context, unstructured bargaining game with earned … very similar across different levels of time pressure. Nevertheless, as predicted, time pressure systematically influenced … with time pressure, and the likelihood of reaching the implicit reference point (equal division) in agreements decreases …
Persistent link: https://www.econbiz.de/10011411276
Persistent link: https://www.econbiz.de/10012175568
Time pressure is a central aspect of economic decision making nowadays. It is therefore natural to ask how time … pressure affects decisions, and how to detect individual heterogeneity in the ability to successfully cope with time pressure …. In the context of risky decisions, we ask whether a person’s performance under time pressure can be predicted by …
Persistent link: https://www.econbiz.de/10011813016
Time pressure is a central aspect of economic decision making nowadays. It is therefore natural to ask how time … pressure affects decisions, and how to detect individual heterogeneity in the ability to successfully cope with time pressure …. In the context of risky decisions, we ask whether a person's performance under time pressure can be predicted by …
Persistent link: https://www.econbiz.de/10011899690
Persistent link: https://www.econbiz.de/10001942955
Persistent link: https://www.econbiz.de/10009423522
We study the effects of time pressure on risky decisions for pure gain prospects, pure loss prospects, and mixed … prospects involving both gains and losses. In an experiment we find that risk aversion for gains is robust under time pressure … whereas risk seeking for losses turns into risk aversion under time pressure. For mixed prospects, subjects become more loss …
Persistent link: https://www.econbiz.de/10009124636
Persistent link: https://www.econbiz.de/10010202753
Persistent link: https://www.econbiz.de/10003389868