Thinking fast, thinking badly

Research output: Working paperResearch

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 languageEnglish
Number of pages37
Publication statusPublished - 2017
SeriesUniversity of Copenhagen. Institute of Economics. Discussion Papers (Online)
Number17-24
ISSN1601-2461

    Research areas

  • Faculty of Social Sciences - cognitive ability, cognitive reflection, response time, intuitive behavior, reflective behavior, C91

ID: 190436061