Response time and decision making: An experimental study
By Ariel Rubinstein. Judgment and Decision Making, 2013
152 citations recorded by the source corpus.
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.
Subfields: General Decision Sciences, Management Science and Operations Research, Safety Research
View Paper: https://www.semanticscholar.org/paper/1901c31473f92b45d7efb4e8d02385d3a2568e6e
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In General Decision Sciences
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Citations in the corpus
- A Typology of Players: Between Instinctive and Contemplative (2016, methodology): “…I am aware of three criticisms of this type of research and following are my responses to them (the first two already essentially appeared in Rubinstein (2013), page 541): (a) The lack of monetary incentives: I have never understood the source of the myth that paying a few dollars (with…”