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Intuition and Deliberation in the Stag Hunt Game.

Marianna Belloc1, Ennio Bilancini2, Leonardo Boncinelli3

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Area of Science:

  • Behavioral Economics
  • Experimental Game Theory
  • Social Psychology

Background:

  • The stag hunt game is a fundamental model for understanding social coordination and the tension between individual self-interest and collective benefit.
  • Decision-making under time constraints is increasingly relevant in complex, fast-paced environments, yet its impact on strategic coordination remains under-explored.
  • The interplay between intuition (fast decision-making) and deliberation (slow decision-making) is crucial for understanding strategic choices in social dilemmas.

Purpose of the Study:

  • To experimentally investigate the effect of time constraints on strategic choices in the stag hunt game.
  • To provide empirical evidence on the role of intuition versus deliberation in social coordination scenarios.
  • To explore how imposed time pressure influences the adoption of cooperative (stag) versus risk-averse (hare) strategies.

Main Methods:

  • An incentivized laboratory experiment involving a random sample of participants playing multiple rounds of the stag hunt game.
  • A treatment group subjected to strict time constraints for making decisions, contrasted with a control group with no time limits.
  • Analysis of choice frequencies (stag vs. hare) between the time-constrained and control groups.

Main Results:

  • Participants under time pressure were significantly more likely to choose the cooperative 'stag' strategy (62.85%) compared to the control group (52.32%).
  • Time constraints appear to favor coordination on the socially optimal outcome in this strategic setting.
  • This suggests that time pressure may promote reliance on intuitive responses that align with established social conventions.

Conclusions:

  • Imposing time constraints can shift strategic behavior towards cooperation in coordination games.
  • The findings offer initial experimental support for the hypothesis that intuition, potentially enhanced by time pressure, plays a key role in establishing social conventions.
  • This research contributes to understanding how cognitive processes influence social coordination and the emergence of norms in strategic interactions.