Fast or Fair? A Study of Response Times

13 Pages Posted: 21 May 2008

See all articles by Marco Piovesan

Marco Piovesan

University of Copenhagen - Department of Economics

Erik Wengström

Department of Economics, Lund University; Hanken School of Economics - Helsinki Graduate School of Economics

Date Written: April 8, 2008

Abstract

This paper uses a modified dictator game to investigate the relationship between response times and social preferences. We find that egoistic subjects make faster decisions than subjects with social preferences. Moreover, our within-analysis reveals that, for a given individual, egoistic payoff maximizing decisions are reached quicker than choices expressing social preferences.

Keywords: response times, social preferences

JEL Classification: C72, C91

Suggested Citation

Piovesan, Marco and Wengström, Erik, Fast or Fair? A Study of Response Times (April 8, 2008). Univ. of Copenhagen Dept. of Economics Discussion Paper No. 08-09, Available at SSRN: https://ssrn.com/abstract=1135251 or http://dx.doi.org/10.2139/ssrn.1135251

U. Copenhagen Economics Discussion Paper Series (Contact Author)

Department of Economics ( email )

University of Copenhagen, Building 26
Øster Farimagsgade 5
Copenhagen K., DK-1353
Denmark

HOME PAGE: http://www.econ.ku.dk/

Marco Piovesan

University of Copenhagen - Department of Economics ( email )

Øster Farimagsgade 5
Bygning 26
1353 Copenhagen K.
Denmark

HOME PAGE: http://www.econ.ku.dk/piovesan/

Erik Wengström

Department of Economics, Lund University ( email )

P.O. Box 7082
S-220 07 Lund
Sweden

HOME PAGE: http://https://sites.google.com/site/erikwengstrom

Hanken School of Economics - Helsinki Graduate School of Economics ( email )

Helsinki
Finland