The Impact of Time Restrictions on Economic Decisions

Abstract

Many decisions in economics and nance have to be made under time pressure. In this paper, we conduct an empirical experiment to ascertain how introducing time limits aect behavior. We include three well known aspects of human behavior that have been well studied in the eld of behavioral economics; the dictator game, a risk aversion task and the prisoners’ dilemma. No dierence between treatments can be found in the dictator game or prisoners’ dilemma. In the risk aversion task we

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