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Is response time predictive of choice? : an experimental study of threshold strategies
Schotter, Andrew; Trevino, Isabel - 2014
in a simple global game experiment. Our results indicate that the signal associated to the highest or second highest … response time at the beginning of the experiment are both unbiased estimates of the threshold employed by subjects at the end … of the experiment. This predictive ability is lost when we move to the third or higher response times. Moreover, the …
Persistent link: https://www.econbiz.de/10010373154
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When less information is good enough : experiments with global stag hunt games
Van Huyck, John Bronston; Ajalavat Viriyavipart; Brown, … - In: Experimental economics : a journal of the Economic … 21 (2018) 3, pp. 527-548
Persistent link: https://www.econbiz.de/10011942012
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Regime change in large information networks
Martí, Joan de; Milán, Pau - In: Games and economic behavior 113 (2019), pp. 262-284
Persistent link: https://www.econbiz.de/10012174515
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Is response time predictive of choice? An experimental study of threshold strategies
Schotter, Andrew; Trevino, Isabel - 2014
in a simple global game experiment. Our results indicate that the signal associated to the highest or second highest … response time at the beginning of the experiment are both unbiased estimates of the threshold employed by subjects at the end … of the experiment. This predictive ability is lost when we move to the third or higher response times. Moreover, the …
Persistent link: https://www.econbiz.de/10010377168
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Is response time predictive of choice? An experimental study of threshold strategies
Schotter, Andrew; Trevino, Isabel - Abteilung "Ökonomik des Wandels", Wissenschaftszentrum … - 2014
in a simple global game experiment. Our results indicate that the signal associated to the highest or second highest … response time at the beginning of the experiment are both unbiased estimates of the threshold employed by subjects at the end … of the experiment. This predictive ability is lost when we move to the third or higher response times. Moreover, the …
Persistent link: https://www.econbiz.de/10010956199
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Strategic complexity and the value of thinking
Gill, David; Prowse, Victoria - 2022
Response times are a simple low-cost indicator of the process of reasoning in strategic games. In this paper, we leverage the dynamic nature of response-time data from repeated strategic interactions to measure the strategic complexity of a situation by how long people think on average when they...
Persistent link: https://www.econbiz.de/10013191643
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Using response times to measure strategic complexity and the value of thinking in games
Gill, David; Prowse, Victoria L. - 2017
Response times are a simple low-cost indicator of the process of reasoning in strategic games (Rubinstein, 2007; Rubinstein, 2016). We leverage the dynamic nature of response-time data from repeated strategic interactions to measure the strategic complexity of a situation by how long people think on...
Persistent link: https://www.econbiz.de/10011607565
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Strategic complexity and the value of thinking
Gill, David; Prowse, Victoria - 2019 - This version: July 8, 2019
Persistent link: https://www.econbiz.de/10012163499
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Strategic complexity and the value of thinking
Gill, David; Prowse, Victoria - 2017 - This version: August 23, 2017
Persistent link: https://www.econbiz.de/10011754635
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Does response time predict withdrawal decisions? : lessons from a bank-run experiment
Kiss, Hubert János; Rodríguez-Lara, Ismael; … - 2018
We study how response time in a laboratory experiment on bank runs affects withdrawal decisions. In our setup, the bank …
Persistent link: https://www.econbiz.de/10012011103