Resource title

Response time under monetary incentives: the ultimatum game

Resource image

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Resource 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.

Resource author

Pablo Brañas-Garza, Ana León-Mejía, Luis M. Miller

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/25636

Resource license

Adapt according to the presented license agreement and reference the original author.