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Why framing effects can be rational
Published online by Cambridge University Press: 25 October 2022
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.
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- Copyright © The Author(s), 2022. Published by Cambridge University Press
References
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Target article
Rational framing effects: A multidisciplinary case
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