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This paper presents an empirical investigation of the relation between decision speed and decision quality for a real-world setting of cognitively-demanding decisions in which the timing of decisions is endogenous: professional chess. Move-by-move data provide exceptionally detailed and precise...
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experiment with a large representative sample (N = 1,832), we vary whether risky choices are induced to be based on either …
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-price (English) auctions with independent private values. In a laboratory experiment, we find that individuals overbid more than …
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laboratory experiment. As predicted, if unanimity is required, subjects are more truthful, respond more to others' messages, and …
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nature of the decisionmaker affects how decisions are perceived by the affected people. We use a laboratory experiment to …
Persistent link: https://www.econbiz.de/10014495065