Showing 1 - 10 of 11,337
confounding effects of time pressure, as proposed by dual-systems theory (Evans, 2006; Kahneman and Frederick, 2002). Results of …Time preferences drive decisions in many economic situations, such as investment contexts or salary negotiations. These … situations are characterized by a very short time frame for decision making. Preferences are potentially susceptible to the …
Persistent link: https://www.econbiz.de/10011523286
Persistent link: https://www.econbiz.de/10012000994
Persistent link: https://www.econbiz.de/10011757011
Most evidence of hyperbolic discounting is based on violations of either stationarity or time consistency as observed … in choice experiments. These choice reversals may however also result from time-varying discount rates. Hyperbolic … discounting is a plausible explanation for choice reversals only if violations of stationarity and time consistency overlap. Our …
Persistent link: https://www.econbiz.de/10011307819
Persistent link: https://www.econbiz.de/10011946622
In this paper we formulate and investigate experimentally a model of how individuals choose between time sequences of … association between 'irrational' choices. -- time preference ; time sequences ; negative discounting …
Persistent link: https://www.econbiz.de/10003323162
Persistent link: https://www.econbiz.de/10012175551
Evidence from response time studies and time pressure experiments has led several authors to conclude that "fairness is … "fairness” due to time pressure indeed provides unambiguous evidence in favor of the "fairness is intuitive" hypothesis. Drawing … of making a choice affects decisions under time pressure and time delay, there by making an unambiguous interpretation of …
Persistent link: https://www.econbiz.de/10011852877
Persistent link: https://www.econbiz.de/10011326734
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...
Persistent link: https://www.econbiz.de/10012806643