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Response Time under Monetary Incentives. The Ultimatum Game

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dc.creator Brañas-Garza, Pablo
dc.creator León-Mejía, Ana
dc.creator Miller, Luis M.
dc.date 2007-11-13T12:17:48Z
dc.date 2007-11-13T12:17:48Z
dc.date 2007-09-25
dc.date.accessioned 2017-01-31T00:58:25Z
dc.date.available 2017-01-31T00:58:25Z
dc.identifier http://hdl.handle.net/10261/2043
dc.identifier.uri http://dspace.mediu.edu.my:8181/xmlui/handle/10261/2043
dc.description This paper studies the response times of experimental subjects playing the Ultimatum game in a laboratory setting using monetary incentives. We find that proposals are not significantly correlated with response time, whereas responders’ behavior is positively and significantly correlated. Hence, consistent with Rubisntein (forthcoming) we find that response times may capture relevant cognitive processes. However, the use of monetary incentives causes a reversal of his findings. These results have implications for the information about cognitive mechanisms that can be obtained from response times.
dc.description Financial support received from DGCYT (SEJ2004-07554/ECON).
dc.language eng
dc.relation IESA Working Paper Series
dc.relation WP 10-07
dc.rights openAccess
dc.subject Monetary incentives
dc.subject Ultimatum game
dc.subject Response time
dc.title Response Time under Monetary Incentives. The Ultimatum Game
dc.type Documento de trabajo


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