Cognitive Processes of Distributional Preferences : A Response Time Study


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CHEN, Fadong, Urs FISCHBACHER, 2015. Cognitive Processes of Distributional Preferences : A Response Time Study

@techreport{Chen2015Cogni-32968, series={Research paper series / Thurgauer Wirtschaftsinstitut}, title={Cognitive Processes of Distributional Preferences : A Response Time Study}, year={2015}, number={101}, author={Chen, Fadong and Fischbacher, Urs} }

<rdf:RDF xmlns:dcterms="" xmlns:dc="" xmlns:rdf="" xmlns:bibo="" xmlns:dspace="" xmlns:foaf="" xmlns:void="" xmlns:xsd="" > <rdf:Description rdf:about=""> <dcterms:available rdf:datatype="">2016-02-15T12:59:53Z</dcterms:available> <foaf:homepage rdf:resource="http://localhost:8080/jspui"/> <void:sparqlEndpoint rdf:resource="http://localhost/fuseki/dspace/sparql"/> <dc:rights>terms-of-use</dc:rights> <dcterms:issued>2015</dcterms:issued> <dcterms:isPartOf rdf:resource=""/> <dspace:hasBitstream rdf:resource=""/> <dc:creator>Chen, Fadong</dc:creator> <dc:creator>Fischbacher, Urs</dc:creator> <dspace:isPartOfCollection rdf:resource=""/> <dc:contributor>Chen, Fadong</dc:contributor> <dc:date rdf:datatype="">2016-02-15T12:59:53Z</dc:date> <dcterms:rights rdf:resource=""/> <dc:language>eng</dc:language> <dcterms:abstract xml:lang="eng">There is ample evidence that people differ considerably in the strength of their social preferences. We identify individual heterogeneity in social motives and selfishness in a series of binary three-person dictator games. Based on this identification, we analyze response time to investigate the cognitive processes of distributional preferences. We find that response time increases with the number of conflicts between individually relevant motives and the difficulty of the decisions. The selfish motive is more intuitive for subjects who are more selfish. This is evidence for both, evidence accumulation models and dual-process theory, and we can show that heterogeneity in preferences is reflected in heterogeneity in the underlying cognitive processes. This shows that it is important to take heterogeneity of preferences into account when investigating the cognitive processes of social decision making.</dcterms:abstract> <dc:contributor>Fischbacher, Urs</dc:contributor> <dcterms:title>Cognitive Processes of Distributional Preferences : A Response Time Study</dcterms:title> <dcterms:hasPart rdf:resource=""/> <bibo:uri rdf:resource=""/> </rdf:Description> </rdf:RDF>

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