Attention and Framing

Mihir Bhattacharya, Saptarshi Mukherjee () and Ruhi Sonal ()
Additional contact information
Saptarshi Mukherjee: Department of Humanities and Social Sciences, IIT Delhi
Ruhi Sonal: Department of Humanities and Social Sciences, IIT Delhi

No 18, Working Papers from Ashoka University, Department of Economics

Abstract: We consider individual decision-making where every alternative appears with a frame (a la Salant and Rubinstein (2008)). The decision maker is subject to inattention due to framing effects that leads to random choice. We characterize a frame-based stochastic choice rule according to which the choice probability of an alternative (say, x) is the probability with which attention is drawn by its frame and not by the frames which are associated with the alternatives that beat x according to a complete binary relation.

Keywords: attention; framing; stochastic; choice (search for similar items in EconPapers)
Pages: 16
Date: 2019-09-02
New Economics Papers: this item is included in nep-mic and nep-upt
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://dp.ashoka.edu.in/ash/wpaper/paper18_0.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ash:wpaper:18

Access Statistics for this paper

More papers in Working Papers from Ashoka University, Department of Economics
Bibliographic data for series maintained by Ashoka University ().