Strategic Complexity and the Value of Thinking
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Other versions of this item:
- David Gill & Victoria Prowse, 2023. "Strategic Complexity and the Value of Thinking [‘Fast or rational? A response-times study of Bayesian updating’]," The Economic Journal, Royal Economic Society, vol. 133(650), pages 761-786.
- David Gill & Victoria Prowse, 2017. "Strategic complexity and the value of thinking," Purdue University Economics Working Papers 1296, Purdue University, Department of Economics.
- Gill, David & Prowse, Victoria, 2019. "Strategic complexity and the value of thinking," CAGE Online Working Paper Series 431, Competitive Advantage in the Global Economy (CAGE).
Citations
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Cited by:
- Sebastian J. Goerg & Sebastian Kube & Jonas Radbruch, 2019.
"The Effectiveness of Incentive Schemes in the Presence of Implicit Effort Costs,"
Management Science, INFORMS, vol. 65(9), pages 4063-4078, September.
- Goerg, Sebastian J. & Kube, Sebastian & Radbruch, Jonas, 2017. "The Effectiveness of Incentive Schemes in the Presence of Implicit Effort Costs," IZA Discussion Papers 10546, Institute of Labor Economics (IZA).
- Strittmatter, Anthony & Sunde, Uwe & Zegners, Dainis, 2022.
"Speed, Quality, and the Optimal Timing of Complex Decisions: Field Evidence,"
Rationality and Competition Discussion Paper Series
317, CRC TRR 190 Rationality and Competition.
- Uwe Sunde & Dainis Zegners & Anthony Strittmatter, 2022. "Speed, Quality, and the Optimal Timing of Complex Decisions: Field Evidence," CESifo Working Paper Series 9546, CESifo.
- Uwe Sunde & Dainis Zegners & Anthony Strittmatter, 2022. "Speed, Quality, and the Optimal Timing of Complex Decisions: Field Evidence," Papers 2201.10808, arXiv.org.
- Carlos Alós-Ferrer & Johannes Buckenmaier, 2021.
"Cognitive sophistication and deliberation times,"
Experimental Economics, Springer;Economic Science Association, vol. 24(2), pages 558-592, June.
- Carlos Alós-Ferrer & Johannes Buckenmaier, 2018. "Cognitive sophistication and deliberation times," ECON - Working Papers 292, Department of Economics - University of Zurich, revised Apr 2019.
- Grabiszewski, Konrad & Horenstein, Alex, 2020. "Effort is not a monotonic function of skills: Results from a global mobile experiment," Journal of Economic Behavior & Organization, Elsevier, vol. 176(C), pages 634-652.
- Alaoui, Larbi & Janezic, Katharina A. & Penta, Antonio, 2020.
"Reasoning about others' reasoning,"
Journal of Economic Theory, Elsevier, vol. 189(C).
- Larbi Alaoui & Katharina A. Janezic & Antonio Penta, 2017. "Reasoning about others’ reasoning," Economics Working Papers 1587, Department of Economics and Business, Universitat Pompeu Fabra.
- Larbi Alaoui & Katharina A. Janezic & Antonio Penta, 2017. "Reasoning about Others’ Reasoning," Working Papers 1003, Barcelona School of Economics.
- Grabiszewski, Konrad & Horenstein, Alex, 2022. "Measuring tree complexity with response times," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 98(C).
More about this item
Keywords
response time; decision time; deliberation time; thinking time; complexity; level-k; game theory; strategic game; repeated games; beauty contest; cognitive ability; personality;All these keywords.
JEL classification:
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBE-2022-06-20 (Cognitive & Behavioural Economics)
- NEP-EXP-2022-06-20 (Experimental Economics)
- NEP-GTH-2022-06-20 (Game Theory)
- NEP-NEU-2022-06-20 (Neuroeconomics)
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