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We use data on response times from a public goods experiment to test the hypothesis that cooperation is instinctive, under the assumption that the longer the time of the decision, the less instinctive the choice. Results seem to support the hypothesis that cooperation is instinctive, while...
Persistent link: https://www.econbiz.de/10010867795
The Weibull distribution is proposed as a model for response times. Theoretical support is offered by classical results for extreme-value distributions. Fits of the Weibull distribution to response time data in different contexts show that this distribution (and the exponential distribution on...
Persistent link: https://www.econbiz.de/10010589370
Many supply chains strive to shorten the time between a customer's order and the actual delivery of the ordered goods, i.e. the response time. However, a shorter response time may induce a higher volatility in goods flows. We present practical methods to determine layouts for the material...
Persistent link: https://www.econbiz.de/10010822555
Chapter 1 is concerned with confidence interval construction for the mean of a long-range dependent time series. It is well known that the moving block bootstrap method produces an inconsistent estimator of thedistribution of the normalized sample mean when its limiting distribution is not...
Persistent link: https://www.econbiz.de/10009477845
Many supply chains strive to shorten the time between a customer's order and the actual delivery of the ordered goods, i.e. the response time. However, a shorter response time may induce a higher volatility in goods flows. We present practical methods to determine layouts for the material...
Persistent link: https://www.econbiz.de/10005150536
We examine in a large survey (n = 1,928) how contemplative entrepreneurs, managers and employees are in their decision making styles. Besides two well-known subjective measures taken from psychology, we also build on Rubinstein (2016) by including two objective measures derived from response...
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