Instinctive and cognitive reasoning: A study of response times

Research output: Contribution to journalArticlepeer-review

Abstract

Lecture audiences and students were asked to respond to virtual decision and game situations at gametheory.tau.ac.il. Several thousand observations were collected and the response time for each answer was recorded. There were significant differences in response time across responses. It is suggested that choices made instinctively, that is, on the basis of an emotional response, require less response time than choices that require the use of cognitive reasoning.

Original languageEnglish
Pages (from-to)1243-1259
Number of pages17
JournalEconomic Journal
Volume117
Issue number523
DOIs
StatePublished - Oct 2007

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