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We conduct a laboratory experiment to study whether giving people more time to donate to charity reduces donations … greater effect on donations if the solicitation is received when the opportunity cost of time is high. We find evidence of a … transaction cost reducing donations, with the size of this effect depending on the opportunity cost of time, but no statistically …
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related to the time taken for these decisions. Other authors have investigated this relationship by exerting some time … pressure. In this paper, I report on an attempt to do the opposite, i.e., to enforce a longer reflection time. To ensure that … significantly higher, which is in conflict with Rubinstein's conjecture that 50:50 offers take less time because they are …
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