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Please use this identifier to cite or link to this item: http://hdl.handle.net/10481/31517

Title: Instinctive response in the ultimatum game
Other Titles: Interactive and statistical reasoning: a comparative study of response times
Authors: Brañas-Garza, Pablo
Meloso, Debrah
Miller, Luis
Issue Date: 2008
Abstract: In a series of recent papers, Ariel Rubinstein claims that the study of response time sheds light on the process of reasoning involved in classical economic decision problems. In particular, he considers that a distinction can be drawn between instinc- tive and cognitive reasoning. This paper complements and expands upon Rubinstein's study on time responses. We show that strategic risk is the key element in explaining differences in median response time in ultimatum behavior.
Sponsorship: Financial support from the Spanish Ministry of Science and Innovation (grants ECO2012-30626, CSD2010-00034, and ECO2010-17049), the Government of Andalusia Project for Excellence in Research (grant P07.SEJ.02547), the Fundación Ramón Areces R+D 2011, and the European Research Council (advanced grant BRSCDP-TEA).
Publisher: Universidad de Granada. Departamento de Teoría e Historia Económica
Description: A revised version: Brañas-Garza, P.; Meloso, D.; Miller, L. Interactive and moral reasoning: a comparative study of response time. Innocenzo Gasparini Institute for Economic Research (IGIER), 2013. (Working Paper; 440)
Series/Report no.: The Papers;08/08
Keywords: Economic experiments
Ultimatum game
Yes-or-no game
Median response time
URI: http://hdl.handle.net/10481/31517
Rights : Creative Commons Attribution-NonCommercial-NoDerivs 3.0 License
Citation: Brañas-Garza, P.; Meloso, D.; Miller, L. Instinctive response in the ultimatum game. Universidad de Granada. Departamento de Teoría e Historia Económica (2008). (The Papers; 08/08). [http://hdl.handle.net/10481/31517]
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