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Frames, trade-offs, and perspectives
Published online by Cambridge University Press: 25 October 2022
Abstract
Bermúdez argues for rational framing effects based on normatively appropriate quasi-cyclical preferences. We suggest that this argument conflates preferences over specific outcomes with preferences over outcome aspects. Instead of implying quasi-cyclical preferences, framing affects decisions through standard economic trade-offs. Nonetheless, we demonstrate that framing can affect behavior through altering perceptions of particular outcome aspects when framing effects are not decomposable.
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- Open Peer Commentary
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- Copyright © The Author(s), 2022. Published by Cambridge University Press
Target article
Rational framing effects: A multidisciplinary case
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