Masters of our Time: Impatience and Self-Control in High-Level Chess Games
2012 (English)Report (Other academic)
This paper presents empirical findings on gender differences in time preference andinconsistency based on international, high-level chess panel data with a large number ofobservations, including a control for ability. Due to the time constraint in chess, it is possibleto study performance and choices related to time preferences. The results suggest that menplay shorter games on average and pay a higher price to end the game sooner. They alsoperform worse in shorter game compared to women but better in longer games. Furthermore,women perform worse in time pressure (the 40th move time control). The results areconsistent with the interpretation that men are more impatient (with a lower discount factor) but also more inconsistent in the sense that they tend to be too impatient. Women, on the otherhand, are more inconsistent as they tend to over-consume reflection time in the beginning,leading to time pressure later
Place, publisher, year, edition, pages
2012. , 25 p.
Swedish Institute for Social Research, ISSN 0283-8222 ; 2/2012
IdentifiersURN: urn:nbn:se:su:diva-71810OAI: oai:DiVA.org:su-71810DiVA: diva2:485848