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susceptible to framing effects. Recent research in social psychology and economics has suggested that willpower is a resource that … of contexts. In this study, we extend the willpower depletion paradigm to framing effects and argue that willpower … depletion should increase framing effects. To test this we designed two experiments in which we depleted participants' willpower …
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I experimentally examine whether feedback about others' choices provides an anchor for decision-making under ambiguity. In a between-subjects design I vary whether subjects learn choices made individually by a "peer" in a first part when facing the same task a second time, and whether prospects...
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This paper develops a theory of focusing and framing in an intertemporal context with risky choices. We provide a …
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