We study how response time in a laboratory experiment on bank runs affects withdrawal decisions. In our setup, the bank … difficulty and optimality of withdrawal decision. We hypothesize that a) the more difficult the decision, the longer the response …

We test the effects of dual processing differences in both individual traits and decision states on risk taking. In an … experiment with a large representative sample (N = 1,832), we vary whether risky choices are induced to be based on either … emotion or reason, while simultaneously measuring individual decision-making traits. Our results show that decision …

We run an experiment on the impact of involvement and outcome favorability on the acceptance of collective decisions …. It involves 763 students at the Poznan University of Economics and Management. The collective decision chooses one out of … the decision using the mind game and psychological scales of short-run affective state. We find strong support for outcome …

The Peter Principle states that, after a promotion, the observed output of promoted employees tends to fall. Lazear … experiment reproduces this model in the laboratory by means of various treatments in which we alter the variance of the … transitory ability. We also compare the efficiency of an exogenous promotion standard with a treatment where subjects self …