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Instinctive and Cognitive Reasoning: A Study of Response Times

Citations

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Cited by:

  1. Jérôme Hergueux & Nicolas Jacquemet, 2015. "Social preferences in the online laboratory: a randomized experiment," Experimental Economics, Springer;Economic Science Association, vol. 18(2), pages 251-283, June.
  2. Jörg Oechssler & Andreas Roider & Patrick W. Schmitz, 2015. "Cooling Off in Negotiations: Does it Work?," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 171(4), pages 565-588, December.
  3. Marcela Ibanez & Simon Czermak & Matthias Sutter, "undated". "Searching for a better deal - On the influence of group decision making, time pressure and gender in a search experiment," Working Papers 2008-05, Faculty of Economics and Statistics, Universität Innsbruck.
  4. Conte, Anna & Scarsini, Marco & Sürücü, Oktay, 2016. "The impact of time limitation: Insights from a queueing experiment," Judgment and Decision Making, Cambridge University Press, vol. 11(3), pages 260-274, May.
  5. Brañas-Garza, Pablo & Espinosa, María Paz & Rey-Biel, Pedro, 2011. "Travelers' types," Journal of Economic Behavior & Organization, Elsevier, vol. 78(1-2), pages 25-36, April.
    • Brañas Garza, Pablo & Espinosa Alejos, María Paz & Rey Biel, Pedro, 2010. "Travellers' Types," DFAEII Working Papers 1988-088X, University of the Basque Country - Department of Foundations of Economic Analysis II.
    • Pablo Brañas-Garza & María Paz Espinosa & Pedro Rey-Biel, 2011. "Travelers' Types," Post-Print hal-00978260, HAL.
  6. Carlos Alós-Ferrer & Ernst Fehr & Nick Netzer, 2021. "Time Will Tell: Recovering Preferences When Choices Are Noisy," Journal of Political Economy, University of Chicago Press, vol. 129(6), pages 1828-1877.
  7. Marina Agranov & Andrew Caplin & Chloe Tergiman, 2015. "Naive play and the process of choice in guessing games," Journal of the Economic Science Association, Springer;Economic Science Association, vol. 1(2), pages 146-157, December.
  8. Jérôme Hergueux & Nicolas Jacquemet & Stéphane Luchini & Jason F. Shogren, 2022. "Leveraging the Honor Code: Public Goods Contributions under Oath," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 81(3), pages 591-616, March.
  9. Luca Corazzini & Stefano Galavotti & Rupert Sausgruber & Paola Valbonesi, 2017. "Allotment in first-price auctions: an experimental investigation," Experimental Economics, Springer;Economic Science Association, vol. 20(1), pages 70-99, March.
  10. Benjamin Enke & Uri Gneezy & Brian Hall & David Martin & Vadim Nelidov & Theo Offerman & Jeroen van de Ven, 2020. "Cognitive Biases: Mistakes or Missing Stakes?," CESifo Working Paper Series 8168, CESifo.
  11. Campbell, Danny & Mørkbak, Morten Raun & Olsen, Søren Bøye, 2018. "The link between response time and preference, variance and processing heterogeneity in stated choice experiments," Journal of Environmental Economics and Management, Elsevier, vol. 88(C), pages 18-34.
  12. Tiziana Assenza & Te Bao & Cars Hommes & Domenico Massaro, 2014. "Experiments on Expectations in Macroeconomics and Finance," Research in Experimental Economics, in: Experiments in Macroeconomics, volume 17, pages 11-70, Emerald Group Publishing Limited.
  13. Shuige Liu, 2024. "Level-$k$ Reasoning, Cognitive Hierarchy, and Rationalizability," Papers 2404.19623, arXiv.org, revised Sep 2024.
  14. Nicolas Jacquemet & Alexander James & Stéphane Luchini & Jason F. Shogren, 2017. "Referenda Under Oath," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 67(3), pages 479-504, July.
  15. Coricelli, Giorgio & Joffily, Mateus & Montmarquette, Claude & Villeval, Marie Claire, 2007. "Tax Evasion: Cheating Rationally or Deciding Emotionally?," IZA Discussion Papers 3103, IZA Network @ LISER.
  16. Dickinson, David L. & McEvoy, David M., 2020. "Further from the Truth: The Impact of In-Person, Online, and mTurk on Dishonest Behavior," IZA Discussion Papers 13686, IZA Network @ LISER.
  17. Camera, Gabriele & Casari, Marco & Bigoni, Maria, 2012. "Cooperative strategies in anonymous economies: An experiment," Games and Economic Behavior, Elsevier, vol. 75(2), pages 570-586.
  18. Ismail, Mehmet, 2014. "Maximin equilibrium," MPRA Paper 97401, University Library of Munich, Germany.
  19. Fadong Chen & Urs Fischbacher, 2020. "Cognitive processes underlying distributional preferences: a response time study," Experimental Economics, Springer;Economic Science Association, vol. 23(2), pages 421-446, June.
  20. Yamada, Katsunori & Sato, Masayuki, 2013. "Another avenue for anatomy of income comparisons: Evidence from hypothetical choice experiments," Journal of Economic Behavior & Organization, Elsevier, vol. 89(C), pages 35-57.
  21. Mehmet S. Ismail, 2022. "Exploring the Constraints on Artificial General Intelligence: A Game-Theoretic No-Go Theorem," Papers 2209.12346, arXiv.org, revised Nov 2023.
  22. Jonathan Schulz & Urs Fischbacher & Christian Thöni & Verena Utikal, 2011. "Affect and Fairness," TWI Research Paper Series 68, Thurgauer Wirtschaftsinstitut, Universität Konstanz.
  23. Anja Achtziger & Carlos Alós-Ferrer, 2014. "Fast or Rational? A Response-Times Study of Bayesian Updating," Management Science, INFORMS, vol. 60(4), pages 923-938, April.
  24. Leonardo Becchetti & Giacomo Degli Antoni & Marco Faillo, 2009. "Common reason to believe and framing effect in the team reasoning theory: an experimental approach," Econometica Working Papers wp15, Econometica.
  25. Nicolas Jacquemet & Stéphane Luchini & Julie Rosaz & Jason F. Shogren, 2019. "Truth Telling Under Oath," Management Science, INFORMS, vol. 65(1), pages 426-438, January.
  26. Bednar, Jenna & Chen, Yan & Liu, Tracy Xiao & Page, Scott, 2012. "Behavioral spillovers and cognitive load in multiple games: An experimental study," Games and Economic Behavior, Elsevier, vol. 74(1), pages 12-31.
  27. Gerhardt, Holger & Schildberg-Hörisch, Hannah & Willrodt, Jana, 2017. "Does self-control depletion affect risk attitudes?," European Economic Review, Elsevier, vol. 100(C), pages 463-487.
  28. Roman M. Sheremeta, 2016. "Impulsive Behavior in Competition: Testing Theories of Overbidding in Rent-Seeking Contests," Working Papers 16-21, Chapman University, Economic Science Institute.
  29. Duffy, Sean & Smith, John, 2011. "Cognitive load in the multi-player prisoner's dilemma game," MPRA Paper 30856, University Library of Munich, Germany.
  30. Mischkowski, Dorothee & Glöckner, Andreas & Lewisch, Peter, 2018. "From spontaneous cooperation to spontaneous punishment – Distinguishing the underlying motives driving spontaneous behavior in first and second order public good games," Organizational Behavior and Human Decision Processes, Elsevier, vol. 149(C), pages 59-72.
  31. Olena Pavlova & Oksana Liashenko & Olena Mykhailovska & Kostiantyn Pavlov & Krzysztof Posłuszny & Antoni Korcyl, 2025. "Roles, Risks and Responsibility: Foundations of Pro-Environmental Culture in Everyday Choices," Sustainability, MDPI, vol. 17(20), pages 1-23, October.
  32. Ismail, Mehmet S., 2024. "Exploring the constraints on artificial general intelligence: A game-theoretic model of human vs machine interaction," Mathematical Social Sciences, Elsevier, vol. 129(C), pages 70-76.
  33. Benjamin Enke, 2020. "What You See Is All There Is," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 135(3), pages 1363-1398.
  34. Michael Kirchler & David Andersson & Caroline Bonn & Magnus Johannesson & Erik Ø. Sørensen & Matthias Stefan & Gustav Tinghög & Daniel Västfjäll, 2017. "The effect of fast and slow decisions on risk taking," Journal of Risk and Uncertainty, Springer, vol. 54(1), pages 37-59, February.
  35. Pablo Brañas-Garza & Debrah Meloso & Luis Miller, 2017. "Strategic risk and response time across games," International Journal of Game Theory, Springer;Game Theory Society, vol. 46(2), pages 511-523, May.
  36. Jiang, Ting, 2013. "Cheating in mind games: The subtlety of rules matters," Journal of Economic Behavior & Organization, Elsevier, vol. 93(C), pages 328-336.
  37. Deepti Bhatia & Urs Fischbacher & Jan Hausfeld & Regina Stumpf, 2024. "Blame and praise: responsibility attribution patterns in decision chains," Experimental Economics, Springer;Economic Science Association, vol. 27(3), pages 637-663, July.
  38. Brice Corgnet & Antonio M. Espin & Roberto Hernán-González, 2015. "The cognitive basis of social behavior : cognitive reflection overrides antisocial but not always prosocial motives," Post-Print hal-02311954, HAL.
  39. Sascha Grehl & Andreas Tutić, 2022. "Intuition, reflection, and prosociality: Evidence from a field experiment," PLOS ONE, Public Library of Science, vol. 17(2), pages 1-14, February.
  40. Rubinstein, Ariel, 2008. "Comments On Neuroeconomics," Economics and Philosophy, Cambridge University Press, vol. 24(3), pages 485-494, November.
  41. Andrew Schotter & Isabel Trevino, 2021. "Is response time predictive of choice? An experimental study of threshold strategies," Experimental Economics, Springer;Economic Science Association, vol. 24(1), pages 87-117, March.
  42. Arad, Ayala, 2008. "The Tennis Coach Problem: A Game-Theoretic and Experimental Study," Foerder Institute for Economic Research Working Papers 275711, Tel-Aviv University > Foerder Institute for Economic Research.
  43. Avoyan, Ala & Schotter, Andrew, 2020. "Attention in games: An experimental study," European Economic Review, Elsevier, vol. 124(C).
  44. Carlos Alós-Ferrer & Johannes Buckenmaier, 2021. "Cognitive sophistication and deliberation times," Experimental Economics, Springer;Economic Science Association, vol. 24(2), pages 558-592, June.
  45. Lindner, Florian, 2014. "Decision time and steps of reasoning in a competitive market entry game," Economics Letters, Elsevier, vol. 122(1), pages 7-11.
  46. Elizabeth Goodyear-Grant & Erin Tolley & Jeffrey Penney, 2016. "Race And Gender Affinities In Voting: Experimental Evidence," Working Paper 1370, Economics Department, Queen's University.
  47. Backhaus, Teresa & Huck, Steffen & Leutgeb, Johannes & Oprea, Ryan, 2023. "Learning through period and physical time," Games and Economic Behavior, Elsevier, vol. 141(C), pages 21-29.
  48. Bao, Te & Duffy, John, 2016. "Adaptive versus eductive learning: Theory and evidence," European Economic Review, Elsevier, vol. 83(C), pages 64-89.
  49. Fadong Chen & Urs Fischbacher, 2015. "Cognitive Processes of Distributional Preferences: A Response Time Study," TWI Research Paper Series 101, Thurgauer Wirtschaftsinstitut, Universität Konstanz.
  50. Eamonn Ferguson & John Maltby & Peter A Bibby & Claire Lawrence, 2014. "Fast to Forgive, Slow to Retaliate: Intuitive Responses in the Ultimatum Game Depend on the Degree of Unfairness," PLOS ONE, Public Library of Science, vol. 9(5), pages 1-8, May.
  51. Larry G. Epstein & Shaolin Ji, 2017. "Optimal Learning and Ellsberg’s Urns," Boston University - Department of Economics - Working Papers Series WP2017-010, Boston University - Department of Economics.
  52. Fehr, Dietmar & Sutter, Matthias, 2019. "Gossip and the efficiency of interactions," Games and Economic Behavior, Elsevier, vol. 113(C), pages 448-460.
  53. Alós-Ferrer, Carlos & Ritschel, Alexander, 2021. "Multiple behavioral rules in Cournot oligopolies," Journal of Economic Behavior & Organization, Elsevier, vol. 183(C), pages 250-267.
  54. Martin Koudstaal & Randolph Sloof & Mirjam Praag, 2019. "Entrepreneurs: intuitive or contemplative decision-makers?," Small Business Economics, Springer, vol. 53(4), pages 901-920, December.
  55. Ayala Arad & Ariel Rubinstein, 2010. "Colonel Blotto’s Top Secret Files," Levine's Working Paper Archive 814577000000000432, David K. Levine.
  56. Ispano, Alessandro & Schwardmann, Peter, 2017. "Cooperating over losses and competing over gains: A social dilemma experiment," Games and Economic Behavior, Elsevier, vol. 105(C), pages 329-348.
  57. Piovesan, Marco & Wengström, Erik, 2009. "Fast or fair? A study of response times," Economics Letters, Elsevier, vol. 105(2), pages 193-196, November.
  58. Sibilla Di Guida & Giovanna Devetag, 2013. "Feature-Based Choice and Similarity Perception in Normal-Form Games: An Experimental Study," Games, MDPI, vol. 4(4), pages 1-19, December.
  59. Andrew Caplin & Daniel Martin, 2016. "The Dual-Process Drift Diffusion Model: Evidence From Response Times," Economic Inquiry, Western Economic Association International, vol. 54(2), pages 1274-1282, April.
  60. Sinha, Piyush Kumar & Mishra, Hari Govind & Singh, Sarabjot, 2014. "Impact of Consumer Social Responsibility and Brand Social Responsibility Image on Brand Loyalty," IIMA Working Papers WP2014-03-16, Indian Institute of Management Ahmedabad, Research and Publication Department.
  61. Goeschl, Timo & Lohse, Johannes, 2018. "Cooperation in public good games. Calculated or confused?," European Economic Review, Elsevier, vol. 107(C), pages 185-203.
  62. Benito-Ostolaza, Juan M. & Brañas-Garza, Pablo & Hernández, Penélope & Sanchis-Llopis, Juan A., 2015. "Strategic behaviour in Schelling dynamics: Theory and experimental evidence," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 57(C), pages 134-147.
  63. Minardi, Stefania & Savochkin, Andrei, 2015. "Preferences with grades of indecisiveness," Journal of Economic Theory, Elsevier, vol. 155(C), pages 300-331.
  64. Mograbi, Eli, 2022. "Decision-makers are more impulsive on smartphones than on computers," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 100(C).
  65. Velu, C. & Iyer, S., 2008. "The Rationality of Irrationality for Managers: Returns- Based Beliefs and the Traveller’s Dilemma," Cambridge Working Papers in Economics 0826, Faculty of Economics, University of Cambridge.
  66. Marianna Belloc & Ennio Bilancini & Leonardo Boncinelli & Simone D'Alessandro, 2017. "A Social Heuristics Hypothesis for the Stag Hunt: Fast- and Slow-Thinking Hunters in the Lab," CESifo Working Paper Series 6824, CESifo.
  67. Yuval Salant & Jörg L. Spenkuch, 2021. "Complexity and Choice," CESifo Working Paper Series 9239, CESifo.
  68. Pintér, Ágnes & Veszteg, Róbert F., 2010. "Minority vs. majority: An experimental study of standardized bids," European Journal of Political Economy, Elsevier, vol. 26(1), pages 36-50, March.
  69. Becchetti, Leonardo & Fiaschetti, Maurizio & Marini, Giancarlo, 2014. "Card games and economic behavior," Games and Economic Behavior, Elsevier, vol. 88(C), pages 112-129.
  70. Holm, Håkan & Nystedt, Paul, 2008. "Trust in surveys and games - A methodological contribution on the influence of money and location," Journal of Economic Psychology, Elsevier, vol. 29(4), pages 522-542, August.
  71. Giovanna Devetag & Sibilla Di Guida, 2010. "Feature-based Choice and Similarity in Normal-form Games: An Experimental Study," LEM Papers Series 2010/18, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
  72. Masiliūnas, Aidas, 2017. "Overcoming coordination failure in a critical mass game: Strategic motives and action disclosure," Journal of Economic Behavior & Organization, Elsevier, vol. 139(C), pages 214-251.
  73. Daniel Navarro-Martinez & Graham Loomes & Andrea Isoni & David Butler & Larbi Alaoui, 2018. "Boundedly rational expected utility theory," Journal of Risk and Uncertainty, Springer, vol. 57(3), pages 199-223, December.
  74. Ismail, M.S., 2014. "Maximin equilibrium," Research Memorandum 037, Maastricht University, Graduate School of Business and Economics (GSBE).
  75. Christopher F. Chabris & David Laibson & Carrie L. Morris & Jonathon P. Schuldt & Dmitry Taubinsky, 2008. "Measuring intertemporal preferences using response times," NBER Working Papers 14353, National Bureau of Economic Research, Inc.
  76. Jakub Steiner & Colin Stewart & Filip Matějka, 2017. "Rational Inattention Dynamics: Inertia and Delay in Decision‐Making," Econometrica, Econometric Society, vol. 85, pages 521-553, March.
  77. Sean Duffy & Tyson Hartwig & John Smith, 2014. "Costly and discrete communication: an experimental investigation," Theory and Decision, Springer, vol. 76(3), pages 395-417, March.
  78. Leonardo Becchetti & Giacomo Degli Antoni & Marco Faillo, 2009. "Shedding Light into Preference Heterogeneity: Why Players of Traveller’s Dilemma Depart from Individual Rationality?," Econometica Working Papers wp09, Econometica.
  79. Chad Kendall & Ryan Oprea, 2024. "On the complexity of forming mental models," Quantitative Economics, Econometric Society, vol. 15(1), pages 175-211, January.
  80. Spiliopoulos, Leonidas, 2013. "Beyond fictitious play beliefs: Incorporating pattern recognition and similarity matching," Games and Economic Behavior, Elsevier, vol. 81(C), pages 69-85.
  81. Sean Duffy & J. J. Naddeo & David Owens & John Smith, 2024. "Cognitive Load and Mixed Strategies: On Brains and Minimax," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 26(03), pages 1-34, September.
  82. Ariel Rubenstein, 2013. "Response time and decision making: An experimental study," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 8(5), pages 540-551, September.
  83. Federico Echenique & Alireza Fallah & Michael I. Jordan, 2025. "A General Framework for Estimating Preferences Using Response Time Data," Papers 2507.20403, arXiv.org, revised Jul 2025.
  84. Ralf Bergheim & Michael W.M. Roos, 2013. "Intuition and Reasoning in Choosing Ambiguous and Risky Lotteries," Ruhr Economic Papers 0440, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
  85. Perakakis, Pandelis & Guinot-Saporta, José & Jaber-Lopez, Tarek & García-Gallego, Aurora & Georgantzis, Nikolaos, 2019. "A technical note on the precise timing of behavioral events in economic experiments," Journal of Behavioral and Experimental Finance, Elsevier, vol. 21(C), pages 10-14.
  86. Yang Zhang & Hong Zhang & Michael J. Seiler, 2016. "The Effects of Time Constraints on Broker Behavior in China¡¦s Resale Housing Market: Theory and Evidence," International Real Estate Review, Global Social Science Institute, vol. 19(3), pages 353-370.
  87. Achtziger, Anja & Alós-Ferrer, Carlos & Wagner, Alexander K., 2016. "The impact of self-control depletion on social preferences in the ultimatum game," Journal of Economic Psychology, Elsevier, vol. 53(C), pages 1-16.
  88. Arkady Konovalov & Ian Krajbich, 2016. "Revealed Indifference: Using Response Times to Infer Preferences," Working Papers 16-01, Ohio State University, Department of Economics.
  89. Shu-Heng Chen & Ye-Rong Du & Lee-Xieng Yang, 2014. "Cognitive capacity and cognitive hierarchy: a study based on beauty contest experiments," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 9(1), pages 69-105, April.
  90. Mark Schneider, 2016. "Dual Process Utility Theory: A Model of Decisions Under Risk and Over Time," Working Papers 16-23, Chapman University, Economic Science Institute.
  91. Joaquina Couto & Leendert van Maanen & Maël Lebreton, 2020. "Investigating the origin and consequences of endogenous default options in repeated economic choices," PLOS ONE, Public Library of Science, vol. 15(8), pages 1-19, August.
  92. Harrison, Glenn W., 2008. "Neuroeconomics: A Critical Reconsideration," Economics and Philosophy, Cambridge University Press, vol. 24(3), pages 303-344, November.
  93. Dickinson, David L. & McEvoy, David M., 2020. "Further from the Truth: The Impact of In-Person, Online, and mTurk on Dishonest Behavior," IZA Discussion Papers 13686, Institute of Labor Economics (IZA).
  94. Lotito, Gianna & Migheli, Matteo & Ortona, Guido, 2017. "Competition, Information and Cooperation," Department of Economics and Statistics Cognetti de Martiis. Working Papers 201731, University of Turin.
  95. Bergheim, Ralf & Roos, Michael W. M., 2013. "Intuition and Reasoning in Choosing Ambiguous and Risky Lotteries," Ruhr Economic Papers 440, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
  96. Antinyan, Armenak & Horváth, Gergely & Jia, Mofei, 2020. "Positional concerns and social network structure: An experiment," European Economic Review, Elsevier, vol. 129(C).
  97. Schütze, Tobias & Spitzer, Carsten & Wichardt, Philipp C., 2025. "Nudging: An experiment on transparency, accounting for reactance and response time," Journal of Economic Psychology, Elsevier, vol. 107(C).
  98. Emin Karagözoglu & Martin G. Kocher, 2015. "Bargaining under Time Pressure," CESifo Working Paper Series 5685, CESifo.
  99. 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.
  100. Zhang, Jing & Zhang, Wei & Li, Yuelei & Caglayan, Mustafa, 2021. "Decision time and investors' portfolio strategies," Pacific-Basin Finance Journal, Elsevier, vol. 68(C).
  101. Carlos Alós-Ferrer & Michele Garagnani, 2022. "Strength of preference and decisions under risk," Journal of Risk and Uncertainty, Springer, vol. 64(3), pages 309-329, June.
  102. Thomas Hellmann & Noam Wasserman, 2017. "The First Deal: The Division of Founder Equity in New Ventures," Management Science, INFORMS, vol. 63(8), pages 2647-2666, August.
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  128. Nagel, Rosemarie & Bühren, Christoph & Frank, Björn, 2017. "Inspired and inspiring: Hervé Moulin and the discovery of the beauty contest game," Mathematical Social Sciences, Elsevier, vol. 90(C), pages 191-207.
  129. So, Tony, 2020. "Classroom experiments as a replication device," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 86(C).
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  133. Lohse, Johannes & Rahal, Rima-Maria & Schulte-Mecklenbeck, Michael & Sofianos, Andis & Wollbrant, Conny, 2024. "Investigations of decision processes at the intersection of psychology and economics," Journal of Economic Psychology, Elsevier, vol. 103(C).
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