About: Does Herd Behaviour Arise Easier under Time Pressure? Experimental Approach

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rdf:type	skos:Concept http://linked.opendata.cz/ontology/domain/vavai/Vysledek
rdfs:seeAlso	http://www.vse.cz/pep/abstrakt.php3?IDcl=468
Description	In this paper I explain individual propensity to herding behaviour and its relationship to time-pressure by conducting a laboratory experiment. I let subjects perform a simple cognitive task with the possibility to herd under different levels of time pressure. In the main treatments, subjects had a chance to revise their decision after seeing decisions of others, which I take as an indicator of herding behaviour. The main findings are that the propensity to herd was not significantly influenced by the different levels of time pressure, although there could be an indirect effect through other variables, such as the time subjects spent revising the decision. Heart-rate significantly increased over the baseline during performance of a task and its correlation to the subjectively stated level of stress was positive but very weak, which suggests that time pressure may not automatically induce stress but increase effort instead. In this paper I explain individual propensity to herding behaviour and its relationship to time-pressure by conducting a laboratory experiment. I let subjects perform a simple cognitive task with the possibility to herd under different levels of time pressure. In the main treatments, subjects had a chance to revise their decision after seeing decisions of others, which I take as an indicator of herding behaviour. The main findings are that the propensity to herd was not significantly influenced by the different levels of time pressure, although there could be an indirect effect through other variables, such as the time subjects spent revising the decision. Heart-rate significantly increased over the baseline during performance of a task and its correlation to the subjectively stated level of stress was positive but very weak, which suggests that time pressure may not automatically induce stress but increase effort instead. (en)
Title	Does Herd Behaviour Arise Easier under Time Pressure? Experimental Approach Does Herd Behaviour Arise Easier under Time Pressure? Experimental Approach (en)
skos:prefLabel	Does Herd Behaviour Arise Easier under Time Pressure? Experimental Approach Does Herd Behaviour Arise Easier under Time Pressure? Experimental Approach (en)
skos:notation	RIV/00216208:11230/13:10173578!RIV14-MSM-11230___
http://linked.open...avai/predkladatel	Fakulta sociálních věd
http://linked.open...avai/riv/aktivita	S
http://linked.open...avai/riv/aktivity	S
http://linked.open...iv/cisloPeriodika	4
http://linked.open...vai/riv/dodaniDat	2014
http://linked.open...aciTvurceVysledku	Cingl, Lubomír
http://linked.open.../riv/druhVysledku	J - Článek v odborném periodiku
http://linked.open...iv/duvernostUdaju	S - Úplné a pravdivé údaje nepodléhající ochraně podle zvláštních právních předpisů
http://linked.open...titaPredkladatele	Univerzita Karlova v Praze / Fakulta sociálních věd
http://linked.open...dnocenehoVysledku	70267
http://linked.open...ai/riv/idVysledku	RIV/00216208:11230/13:10173578
http://linked.open...riv/jazykVysledku	eng - angličtina
http://linked.open.../riv/klicovaSlova	personality traits; heart rate measurement; experimental economics; herding (en)
http://linked.open.../riv/klicoveSlovo	personality traits herding experimental economics heart rate measurement
http://linked.open...odStatuVydavatele	CZ - Česká republika
http://linked.open...ontrolniKodProRIV	[D56BCC14734F]
http://linked.open...i/riv/nazevZdroje	Prague Economic Papers
http://linked.open...in/vavai/riv/obor	AH
http://linked.open...ichTvurcuVysledku	1 (xsd:int)
http://linked.open...cetTvurcuVysledku	1 (xsd:int)
http://linked.open...UplatneniVysledku	2013
http://linked.open...v/svazekPeriodika	22
http://linked.open...iv/tvurceVysledku	Cingl, Lubomír
http://linked.open...ain/vavai/riv/wos	000330819600008
issn	1210-0455
number of pages	25 (xsd:int)
http://localhost/t...ganizacniJednotka	11230

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