Thinking fast, thinking badly

Publikation: Working paperForskning

We test for the construct validity of the cognitive reflection test (CRT) by eliciting response times. We find that incorrect answers to the CRT are quicker than correct answers. At the individual level, we classify subjects into impulsive and reflective, depending on whether they choose the incorrect intuitive answer or the correct answer the majority of the time. We show that impulsive subjects complete the test quicker than reflective subjects.
OriginalsprogEngelsk
Antal sider37
StatusUdgivet - 2017
NavnUniversity of Copenhagen. Institute of Economics. Discussion Papers (Online)
Nummer17-24
ISSN1601-2461

ID: 190436061