English, Article, Journal or magazine article edition: Response Time under Monetary Incentives: the Ultimatum Game Pablo Branas-Garza; Ana Leon-Mejia; Luis M. Miller

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Bookmark: http://trove.nla.gov.au/version/698
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Response Time under Monetary Incentives: the Ultimatum Game
Author
  • Pablo Branas-Garza
  • Ana Leon-Mejia
  • Luis M. Miller
Physical Description
  • preprint
Notes
  • 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.
  • Monetary incentives, Ultimatum game, response time
  • RePEc:jrp:jrpwrp:2007-070
Language
  • English
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