Fast or Fair?: A study of response times

Marco Piovesan; Erik Roland Wengström

doi:10.1016/j.econlet.2009.07.017

Fast or Fair? A study of response times

Marco Piovesan, Erik Roland Wengström

94 Citations (Scopus)

Abstract

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

Original language	English
Journal	Economics Letters
Volume	105
Issue number	2
Pages (from-to)	193-196
Number of pages	4
ISSN	0165-1765
DOIs	https://doi.org/10.1016/j.econlet.2009.07.017
Publication status	Published - 2009

Keywords

Faculty of Social Sciences
social preferences

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10.1016/j.econlet.2009.07.017

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title = "Fast or Fair?: A study of response times",

abstract = "This paper uses a modified dictator game to investigate the relationship between response times and social references. We find that faster subjects more often chose the option with the highest payoff for themselves. Moreover, our within-analysis reveals that, for a given individual, payoff maximizing choices are reached quicker than choices expressing social preferences.",

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author = "Marco Piovesan and Wengstr{\"o}m, {Erik Roland}",

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AU - Wengström, Erik Roland

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AB - This paper uses a modified dictator game to investigate the relationship between response times and social references. We find that faster subjects more often chose the option with the highest payoff for themselves. Moreover, our within-analysis reveals that, for a given individual, payoff maximizing choices are reached quicker than choices expressing social preferences.

KW - Faculty of Social Sciences

KW - social preferences

U2 - 10.1016/j.econlet.2009.07.017

DO - 10.1016/j.econlet.2009.07.017

M3 - Journal article

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VL - 105

SP - 193

EP - 196

JO - Economics Letters

JF - Economics Letters

IS - 2

ER -

Fast or Fair? A study of response times

Abstract

Keywords

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