Response time and decision making: An experimental study
Response time is used here to interpret choice in decision problems. I first establish that there is a close connection between short response time and choices that are clearly a mistake. I then investigate whether a correlation also exists between response time and behavior that is inconsistent wit...
| Հիմնական հեղինակ: | |
|---|---|
| Ձևաչափ: | Հոդված |
| Լեզու: | English |
| Հրապարակվել է: |
Cambridge University Press
2013-09-01
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| Շարք: | Judgment and Decision Making |
| Խորագրեր: | |
| Առցանց հասանելիություն: | https://www.cambridge.org/core/product/identifier/S1930297500003648/type/journal_article |
| _version_ | 1827831064837488640 |
|---|---|
| author | Ariel Rubinstein |
| author_facet | Ariel Rubinstein |
| author_sort | Ariel Rubinstein |
| collection | DOAJ |
| description | Response time is used here to interpret choice in decision problems. I first establish that there is a close connection between short response time and choices that are clearly a mistake. I then investigate whether a correlation also exists between response time and behavior that is inconsistent with some standard theories of decision making. The lack of such a correlation could be interpreted to imply that such behavior does not reflect a mistake. It is also shown that a typology of slow and fast responders may, in some cases, be more useful than the standard typologies. |
| first_indexed | 2024-03-12T04:40:04Z |
| format | Article |
| id | doaj.art-72b92b5f74ed48cd99a7d8d6c6631d76 |
| institution | Directory Open Access Journal |
| issn | 1930-2975 |
| language | English |
| last_indexed | 2024-03-12T04:40:04Z |
| publishDate | 2013-09-01 |
| publisher | Cambridge University Press |
| record_format | Article |
| series | Judgment and Decision Making |
| spelling | doaj.art-72b92b5f74ed48cd99a7d8d6c6631d762023-09-03T09:45:48ZengCambridge University PressJudgment and Decision Making1930-29752013-09-01854055110.1017/S1930297500003648Response time and decision making: An experimental studyAriel Rubinstein0School of Economics, Tel Aviv University, Tel Aviv, Israel, 69978, and Department of Economics, New York University, 19 West 4th Street, 6th Floor New York, NY 10012Response time is used here to interpret choice in decision problems. I first establish that there is a close connection between short response time and choices that are clearly a mistake. I then investigate whether a correlation also exists between response time and behavior that is inconsistent with some standard theories of decision making. The lack of such a correlation could be interpreted to imply that such behavior does not reflect a mistake. It is also shown that a typology of slow and fast responders may, in some cases, be more useful than the standard typologies.https://www.cambridge.org/core/product/identifier/S1930297500003648/type/journal_articleresponse timereaction timedecision problemsAllais paradoxmistakesneuro-economics |
| spellingShingle | Ariel Rubinstein Response time and decision making: An experimental study Judgment and Decision Making response time reaction time decision problems Allais paradox mistakes neuro-economics |
| title | Response time and decision making: An experimental study |
| title_full | Response time and decision making: An experimental study |
| title_fullStr | Response time and decision making: An experimental study |
| title_full_unstemmed | Response time and decision making: An experimental study |
| title_short | Response time and decision making: An experimental study |
| title_sort | response time and decision making an experimental study |
| topic | response time reaction time decision problems Allais paradox mistakes neuro-economics |
| url | https://www.cambridge.org/core/product/identifier/S1930297500003648/type/journal_article |
| work_keys_str_mv | AT arielrubinstein responsetimeanddecisionmakinganexperimentalstudy |