Thinking fast, thinking badly
Research output: Working paper › Research
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.
Original language | English |
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Number of pages | 37 |
Publication status | Published - 2017 |
Series | University of Copenhagen. Institute of Economics. Discussion Papers (Online) |
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Number | 17-24 |
ISSN | 1601-2461 |
- Faculty of Social Sciences - cognitive ability, cognitive reflection, response time, intuitive behavior, reflective behavior, C91
Research areas
ID: 190436061