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Rationality around the clock. Sleep and time-of-day effects on guessing game responses

  • David L. Dickinson
  • Todd McElroy

We administer a unique online version of the Guessing Game where subject responses are collected across all 24 hours of the day. While time-of-day itself does not affect guesses, when combined with a trait-level sleepiness measure and previous night sleep, adverse sleep states lead to responses significantly farther from equilibrium. These results have implications for shift workers and others whose constraints or choices lead to adverse sleep parameters. Key Words:

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File URL: http://econ.appstate.edu/RePEc/pdf/wp0917.pdf
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Paper provided by Department of Economics, Appalachian State University in its series Working Papers with number 09-17.

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Date of creation: 2009
Date of revision:
Handle: RePEc:apl:wpaper:09-17
Contact details of provider: Postal: Thelma C. Raley Hall, Boone, North Carolina 28608
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Web page: http://www.business.appstate.edu/departments/economics/

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  1. Nagel, Rosemarie, 1995. "Unraveling in Guessing Games: An Experimental Study," American Economic Review, American Economic Association, vol. 85(5), pages 1313-26, December.
  2. Brit Grosskopf & Rosemarie Nagel, 2007. "Rational reasoning or adaptive behavior? Evidence from two-person beauty contest games," Economics Working Papers 1068, Department of Economics and Business, Universitat Pompeu Fabra.
  3. David L. Dickinson & Todd McElroy, 2009. "Naturally-occurring sleep choice and time of day effects on p-beauty contest outcomes," Working Papers 09-03, Department of Economics, Appalachian State University.
  4. Grosskopf, Brit & Nagel, Rosemarie, 2008. "The two-person beauty contest," Games and Economic Behavior, Elsevier, vol. 62(1), pages 93-99, January.
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