Open AccessA Review of Mouse-Tracking Applications in Economic Studies
Author(s) -
Geran Tian,
Weixing Wu
Publication year - 2020
Publication title -
journal of economics and behavioral studies
Language(s) - English
Resource type - Journals
ISSN - 2220-6140
DOI - 10.22610/jebs.v11i6(j).3000
Subject(s) - dilemma , tracking (education) , computer science , variety (cybernetics) , probabilistic logic , documentation , social dilemma , subject (documents) , data science , state (computer science) , operations research , artificial intelligence , psychology , epistemology , social psychology , engineering , world wide web , algorithm , pedagogy , philosophy , programming language
Since mouse-tracking paradigm came under the spotlight two decades ago, by providing mouse cursor trajectories, it has been applied by behavioral scientists to a variety of topics to help understand real-time psychological state when people are faced with multiple choices. In this article, we provide a comprehensive, documentation of experimental economics studies with mouse-tracking paradigm. Among these studies, some focus on measuring choice uncertainty including subject uncertainty, temporal uncertainty, and probabilistic uncertainty; the rest are concerned with economic games including bargaining games and social dilemma games. Why and how these works employ mouse-tracking technique in their experiments is elaborated in detail. Finally, limitations of mouse-tracking paradigm are discussed, and research opportunities are proposed. Basic know-hows are appended as a general guide for interested readers.