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Are Experimental Economists Prone to Framing Effects? A Natural Field Experiment

Simon Gaechter (), Henrik Orzen (), Elke Renner and Chris Starmer ()
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Simon Gaechter: Centre for Decision Research and Experimental Economics, University of Nottingham
Elke Renner: Centre for Decision Research and Experimental Economics, University of Nottingham

Authors registered in the RePEc Author Service: Simon Gächter ()

No 2007-01, Discussion Papers from The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham

Abstract: An extensive literature demonstrates the existence of framing effects in the laboratory and in questionnaire studies. This paper reports new evidence from a natural field experiment using a subject pool one may consider as particularly resistant to such effects: experimental economists. We find that while the behaviour of junior experimental economists is affected by the description of the decision task they face, this is not the case for the more senior members of our subject pool.

Keywords: Framing; field experiments (search for similar items in EconPapers)
JEL-codes: C93 D01 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cbe, nep-evo and nep-exp
Date: 2007-04
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Journal Article: Are experimental economists prone to framing effects? A natural field experiment (2009) Downloads
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