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Spiliopoulos, Leonidas; Ortmann, Andreas; Zhang, Le – Journal of Experimental Psychology: Learning, Memory, and Cognition, 2018
We test empirically the strategic counterpart of the Adaptive Decision Maker hypothesis (Payne, Bettman, & Johnson, 1993), which states that decision makers adapt their attention and decision rules to time pressure in predictable ways. For 29 normal form games, we test whether players adapt to tightening time constraints by reducing their…
Descriptors: Decision Making, Time, Games, Adjustment (to Environment)