This paper reports the results of a laboratory experiment in which probability weighting functions for risky gains were … high stakes condition, the probability to win vouchers associated with positive affect is underweighted and the probability … to win affect-poor vouchers is strongly underweighted. Substantial underweighting also prevails in all three domains in …

explained by prospect theory. It deals with framing, the non-linearity of subjective probabilities, the disposition effect, and … markets in a computerized continuous double auction. The results (i) indicate that the framing of information influenced …

help explain several anomalies associated with prospect theory, including probability weighting, loss aversion, and framing …, we find that framing affects choices because different formulations of a question provide different information about how …

The present study investigates the effect of framing and legal role on the propensity to accept a settlement offer by … experiment that also asked participants to state their subjective probability of winning. This revealed that the propensity to …

thereby the likelihood and direction of framing effects. In Study 1 we manipulated the goal to increase, decrease or maintain … the commodity in question and found that when the goal of the task was to increase the commodity, a framing effect … consistent with those typically observed in the literature was found. When the goal was to decrease, a framing effect opposite to …

Factors that may affect public support or opposition to U.S. military intervention in humanitarian crises around the …