Frames as choice superstructures
Diego Lanzi
Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), 2011, vol. 40, issue 2, 115-123
Abstract:
The seminal research work by Kaheman and Tversky proved that framing effects can widely influence choice behavior. This finding has led to a new field of economic research to explain how individuals internalize referential structures, context conditions and social norms of behavior in choice problems. In this context, the idea of a frame of choice has been proposed, although this concept has been interpreted in different ways. In what follows, we firstly discuss different interpretations of what a frame is, then we propose a new tool, namely, the concept of choice superstructure, to characterize how frames of choice affect choice behavior.
Keywords: Frames; Embedded; rationality; Choice; superstructures (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:eee:soceco:v:40:y:2011:i:2:p:115-123
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