Fast or Fair? A Study of Response Times
13 Pages Posted: 21 May 2008
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: Suggested Citation
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