Psychological game theory can provide rational-choice-based framing effects; frames influence beliefs, beliefs …-shot public good games we show that frames affect subject’s first- and second-order beliefs, and contributions. From a … contributions are related to second- and first-order beliefs, respectively. Our results are consistent with either. -- Framing …

is solved theoretically and then tested by using laboratory experiments. We find three effects that determine risk taking …

beliefs. In a second treatment, superiors (who are assumed to be at a higher hierarchy level than the managers) obtain various …

Psychological game theory can help provide a rational choice explanation of framing effects; frames influence beliefs …, beliefs influence motivations. We explain this theoretically, and explore the empirical relevance experimentally. In a 2 …×2 design of one-shot public good games we show that frames affect subject's first- and second-order beliefs, and contributions …