Universität zu Köln

Alos-Ferrer, Carlos, Huegelschaefer, Sabine and Li, Jiahui (2017). Framing effects and the reinforcement heuristic. Econ. Lett., 156. S. 32 - 36. LAUSANNE: ELSEVIER SCIENCE SA. ISSN 1873-7374

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Abstract

We examine the effect of win/loss framing on individuals' use of a reinforcement heuristic in an incentivized probability-updating task. A loss frame strengthens the basic impulse to shift away from an unsuccessful option, but only if this option was chosen freely before. (C) 2017 Elsevier B.V. All rights reserved.

Item Type:	Journal Article
Creators:	Creators Email ORCID ORCID Put Code Alos-Ferrer, Carlos UNSPECIFIED UNSPECIFIED UNSPECIFIED Huegelschaefer, Sabine UNSPECIFIED UNSPECIFIED UNSPECIFIED Li, Jiahui UNSPECIFIED UNSPECIFIED UNSPECIFIED
URN:	urn:nbn:de:hbz:38-226095
DOI:	10.1016/j.econlet.2017.03.038
Journal or Publication Title:	Econ. Lett.
Volume:	156
Page Range:	S. 32 - 36
Date:	2017
Publisher:	ELSEVIER SCIENCE SA
Place of Publication:	LAUSANNE
ISSN:	1873-7374
Language:	English
Faculty:	Unspecified
Divisions:	Unspecified
Subjects:	no entry
Uncontrolled Keywords:	Keywords Language PUNISHMENT; CHOICE Multiple languages Economics Multiple languages
Refereed:	Yes
URI:	http://kups.ub.uni-koeln.de/id/eprint/22609