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therefore faces a problem: How can firms be brought into the laboratory? The main approach relies on framing: Call individuals … answer the question whether framing individual decision making as organizational decision making or implementing an …
Persistent link: https://www.econbiz.de/10010294406
modeling of framing that focuses on the subjective statistical dependence between prizes of compared lotteries. Unlike existing … framing. A distinct advantage of the proposed general descriptive model of choice is its ability to adequately explain a wide …
Persistent link: https://www.econbiz.de/10010336064
advance the land access claims of local communities, social movement actors engage in specific framing strategies to mobilize …' framing strategies in conflicts over large-scale mining and agro-industrial projects. Discursive opportunity structures (DOS …) and framing are the key theoretical concepts used. I argue that the outcomes of framing strategies can only be understood …
Persistent link: https://www.econbiz.de/10012019476
This paper argues that the Economics of Crime concentrates too much on punishment as a policy to fight crime, which is unwise for several reasons. There are important instances in which punishment simply cannot reduce crime. Several feasible alternatives to punishment exist, such as offering...
Persistent link: https://www.econbiz.de/10010266023
framing of the problem. We find that while the ranking of the principles is the same in both treatments, the strength of the …
Persistent link: https://www.econbiz.de/10010267104
Gneezy, List and Wu [Q. J. Econ. 121 (2006) 1283-1309] document that lotteries are often valued less than the lotteries' worst outcomes. We show how to undo this result.
Persistent link: https://www.econbiz.de/10010276435
We replicate three pricing tasks of Gneezy, List and Wu (2006) for which they document the so called uncertainty effect, namely that people value a binary lottery over non-monetary outcomes less than other people value the lottery's worse outcome. Unlike the authors who implement a verbal...
Persistent link: https://www.econbiz.de/10010276455
Psychological game theory can provide rational-choice-based framing effects; frames influence beliefs, beliefs …
Persistent link: https://www.econbiz.de/10010277474
main approach relies on framing: Call individuals 'firms'! This experimental approach is not in line with modern industrial … Stackelberg experiment is considered in order to answer the question whether framing individual decision making as firm decision …
Persistent link: https://www.econbiz.de/10010312013
broadly rather than narrowly. We find that the framing effect is significantly larger for impatient than for patient …
Persistent link: https://www.econbiz.de/10010291450