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Part 1: Document Description
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Citation |
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Title: |
Risk, time pressure, and selection effects [Dataset] |
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Identification Number: |
doi:10.11588/data/GBKK4O |
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Distributor: |
heiDATA |
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Date of Distribution: |
2018-05-20 |
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Version: |
1 |
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Bibliographic Citation: |
Kocher, Martin G.; Schindler, David; Trautmann, Stefan T.; Xu, Yilong, 2018, "Risk, time pressure, and selection effects [Dataset]", https://doi.org/10.11588/data/GBKK4O, heiDATA, V1, UNF:6:pP3XUM9b1UVsjEaoU0RTig== [fileUNF] |
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Citation |
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Title: |
Risk, time pressure, and selection effects [Dataset] |
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Identification Number: |
doi:10.11588/data/GBKK4O |
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Authoring Entity: |
Kocher, Martin G. (University of Vienna, IHS Vienna) |
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Schindler, David (Department of Economics and CentER, Tilburg University) |
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Trautmann, Stefan T. (Alfred-Weber-Institute for Economics, Heidelberg University) |
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Xu, Yilong (Alfred-Weber-Institute for Economics, Heidelberg University) |
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Producer: |
Kocher, Martin G. |
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Schindler, David |
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Trautmann, Stefan T. |
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Xu, Yilong |
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Grant Number: |
CRC TRR 190 |
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Distributor: |
heiDATA |
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Distributor: |
heiDATA: Heidelberg Research Data Repository |
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Access Authority: |
Trautmann, Stefan T. |
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Date of Deposit: |
2018-05-18 |
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Holdings Information: |
https://doi.org/10.11588/data/GBKK4O |
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Study Scope |
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Keywords: |
Social Sciences, Risk, Cognitive ability, Selection, Time pressure |
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Topic Classification: |
C91, D81 |
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Abstract: |
Time pressure is a central aspect of economic decision making nowadays. It is therefore natural to ask how time pressure affects decisions, and how to detect individual heterogeneity in the ability to successfully cope with time pressure. In the context of risky decisions, we ask whether a person’s performance under time pressure can be predicted by measurable behavior and traits, and whether such measurement itself may be affected by selection issues. We find that the ability to cope with time pressure varies significantly across decision makers, leading to selected subgroups that differ in terms of their observed behaviors and personal traits. Moreover, measures of cognitive ability and intellectual efficiency jointly predict individuals’ decision quality and ability to keep their decision strategy under time pressure. |
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Methodology and Processing |
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Sources Statement |
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Data Access |
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Citation Requirement: |
we would like to make these data and do-files freely available. People using the data should cite the data/publication |
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Other Study Description Materials |
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Related Publications |
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Citation |
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Title: |
Kocher, M.G., Schindler, D., Trautmann, S.T. et al.: Risk, time pressure, and selection effects, Exp Econ (2018). |
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Identification Number: |
10.1007/s10683-018-9576-1 |
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Bibliographic Citation: |
Kocher, M.G., Schindler, D., Trautmann, S.T. et al.: Risk, time pressure, and selection effects, Exp Econ (2018). |
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File Description--f1646 |
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File: Variables Codebook.tab |
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Notes: |
UNF:6:pP3XUM9b1UVsjEaoU0RTig== |
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List of Variables: |
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Variables |
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f1646 Location: |
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