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Why framing effects can be rational

Published online by Cambridge University Press:  25 October 2022

Anton Kühberger*
Affiliation:
Department of Psychology, University of Salzburg, 5020 Salzburg, Austria anton.kuehberger@plus.ac.at https://ccns.sbg.ac.at/people/kuehberger/

Abstract

When communication is not disinterested, seemingly inconsistent preferences are predictable from language pragmatics and information non-equivalence. In addition, the classic risky choice framing effect found in the Asian disease task – risk-aversion with gains and risk-seeking with losses – applies to gambles, but tends to be overgeneralized to non-gambling situations.

Information

Type
Open Peer Commentary
Copyright
Copyright © The Author(s), 2022. Published by Cambridge University Press