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Persistent link: https://www.econbiz.de/10003981438
The study of risky decision making has long used monetary gambles to study choice, but many everyday decisions do not involve the prospect of winning or losing money. Monetary gambles, as it turns out, may be processed and evaluated differently than gambles with nonmonetary outcomes. Whereas...
Persistent link: https://www.econbiz.de/10013116192
Our research program on relational framing leaves many process and normative - prescriptive issues unresolved. We agree with the three commentators on the usefulness of (a) experimental work that probes the cognitive and affective processes underlying relational - framing effects, (b)...
Persistent link: https://www.econbiz.de/10014197876