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Response times and preferences – The daily blog of behavioral and cognitive economics

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Response times and preferences – The daily blog of behavioral and cognitive economics

Decision Speed Reveals Hidden Social Preferences

People can infer hidden social preferences by observing how quickly others make decisions. The study used the Dictator Game to show that decision speed, even without knowing the actual choices, can predict preferences. This finding challenges the notion that only choices reveal social preferences. Incorporating response times into predictive models offers a more nuanced understanding of human behavior. Key Facts: Predicting Preferences: Decision speed alone can help predict social preferences without knowing the choices. ….[READ]

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