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

Research output: Contribution to journal › Journal article › Research › peer-review

110 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

Access to Document

10.1016/j.econlet.2009.07.017

Cite this

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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.",

keywords = "Faculty of Social Sciences, social preferences",

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

note = "JEL classification: C72, C91",

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language = "English",

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AU - Piovesan, Marco

AU - Wengström, Erik Roland

N1 - JEL classification: C72, C91

PY - 2009

Y1 - 2009

N2 - 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.

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

VL - 105

SP - 193

EP - 196

JO - Economics Letters

JF - Economics Letters

SN - 0165-1765

IS - 2

ER -