"Response Time and Decision Making"

[Ariel Rubinstein]

I have just uploaded (a draft of) a new paper:

"Response Time and Decision Making:
A “Free” Experimental Study"

http://arielrubinstein.tau.ac.il/papers/RT2012.pdf

Comments are welcome.

Ariel Rubinstein

[g charles-cadogan]

There is a paper by Klevorick and Rothchild (1979), “A Model of the Jury Decision Process,” Journal of Legal Studies,  8:141-161 which examines decision and time in the context of a Markov chain and or Ehrenfest model. I don’t know if anyone in the experimental literature ever tested that model in the lab. However, in the psychology literature response time experiments were run in:

Nosofsky, R. M. (1997). An exemplar based random walk model of speeded categorization and absolute judgment. In A. A. J. Marley (Ed.), Choices, Decisions, and Measurement, pp. 347–365. New Jersey: Lawrence Erlbaum Associates.

Nosofsky, R. M. and T. J. Palmeri (1997). An exemplar based random walk model of speeded classification. Psychological Review 104(2), 266–300.

Ariel Rubinstein

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[Steven Tadelis]

I just read the following:

 

"I wrote this paper with the recognition that it is unlikely to be accepted for publication. There is

something liberating about writing a paper without trying to please referees"

 

I laughed so hard!! I am just revising a paper with a referee that is blatantly wrong. Maybe someday I'll be courageous enough to write that introduction to one of my papers. That said, I am no Ariel Rubenstein...

 

On a separate note, I decided to stay in California. I really wanted to join Columbia, but the family situation made it too difficult. Maybe, if I am lucky, I'll have that option in 4 years when my younger son is just about to go off to college.

 

kol tuv

 

Steve 

 

---------------------------------------------------------
Steven Tadelis
Associate Professor of Business
Walter A. Haas School of Business
University of California Berkeley
545 Student Services Building #1900
Berkeley, CA 94720-1900
Tel: (510) 643-0546
Fax: (510) 642-4700

http://faculty.haas.berkeley.edu/stadelis/

 

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From: decision_t...@googlegroups.com [decision_t...@googlegroups.com] On Behalf Of Ariel Rubinstein [ariel.ru...@gmail.com]
Sent: Friday, January 25, 2013 10:54 AM
To: decision_t...@googlegroups.com
Subject: [DT_Forum] "Response Time and Decision Making"

--

[Steven Tadelis]

sorry for the spam - email below was intended for Ariel...

 

I guess this is another data point related to fast action and mistakes!

 

 

---------------------------------------------------------
Steven Tadelis
Associate Professor of Business
Walter A. Haas School of Business
University of California Berkeley
545 Student Services Building #1900
Berkeley, CA 94720-1900
Tel: (510) 643-0546
Fax: (510) 642-4700

http://faculty.haas.berkeley.edu/stadelis/

 

---

From: decision_t...@googlegroups.com [decision_t...@googlegroups.com] On Behalf Of Steven Tadelis [stad...@haas.berkeley.edu]
Sent: Saturday, January 26, 2013 7:54 PM
To: decision_t...@googlegroups.com
Subject: RE: [DT_Forum] "Response Time and Decision Making"

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