Smart or selfish - When smart guys finish nice
Publikation: Beiträge in Zeitschriften › Zeitschriftenaufsätze › Forschung › begutachtet
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Smart or selfish - When smart guys finish nice. / Lohse, Johannes.
in: Journal of Behavioral and Experimental Economics, Jahrgang 64, 01.10.2016, S. 28-40.Publikation: Beiträge in Zeitschriften › Zeitschriftenaufsätze › Forschung › begutachtet
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TY - JOUR
T1 - Smart or selfish - When smart guys finish nice
AU - Lohse, Johannes
PY - 2016/10/1
Y1 - 2016/10/1
N2 - This paper examines the relationship between public good game (PGG) contributions and cognitive abilities assessed by the Cognitive Reflection Test (CRT). Employing two additional treatment conditions, the paper explores (i) whether CRT-scores are linked to preferences for cooperation or to a better understanding of the incentive structure; and (ii) the association between CRT-scores and contributions, if choices are elicited under time pressure. A time limit should make it harder for participants to base their choices on cognitive reflection. I find a strong and positive relationship between CRT-scores and contributions in a standard one-shot PGG. This relationship is fully moderated by the presence of time pressure. Thus, features of the decision environment can affect the link between cognitive abilities and PGG contributions. Finally, there is only a weak relationship between CRT-scores and the ability to understand the incentive structure.
AB - This paper examines the relationship between public good game (PGG) contributions and cognitive abilities assessed by the Cognitive Reflection Test (CRT). Employing two additional treatment conditions, the paper explores (i) whether CRT-scores are linked to preferences for cooperation or to a better understanding of the incentive structure; and (ii) the association between CRT-scores and contributions, if choices are elicited under time pressure. A time limit should make it harder for participants to base their choices on cognitive reflection. I find a strong and positive relationship between CRT-scores and contributions in a standard one-shot PGG. This relationship is fully moderated by the presence of time pressure. Thus, features of the decision environment can affect the link between cognitive abilities and PGG contributions. Finally, there is only a weak relationship between CRT-scores and the ability to understand the incentive structure.
KW - Cognitive ability
KW - Confusion
KW - Cooperation
KW - Dual-process theories
KW - Public goods
KW - Economics
U2 - 10.1016/j.socec.2016.04.002
DO - 10.1016/j.socec.2016.04.002
M3 - Journal articles
VL - 64
SP - 28
EP - 40
JO - Journal of Behavioral and Experimental Economics
JF - Journal of Behavioral and Experimental Economics
SN - 2214-8043
ER -