Thu, 21 Aug 2008 00:47:53 BST CiteULike: mpromber's prospect-theory http://www.citeulike.org/user/mpromber/tag/prospect-theory CiteULike.org en-gb Copyright © 2004-2008 citeulike.org http://www.citeulike.org/user/mpromber/article/1396565 <i>Science, Vol. 211 (1981), pp. 453-458.</i> The framing of decisions and the psychology of choice Amos Tversky Daniel Kahneman Science, Vol. 211 (1981), pp. 453-458. 2007-06-18T10:35:25-00:00 1981 Science 211 453 458 decision-making framing prospect-theory psychology http://www.citeulike.org/user/mpromber/article/1396522 <i>Econometrica, Vol. 47 (1979), pp. 263-292.</i> Prospect theory: An analysis of decision under risk Daniel Kahneman Amos Tversky Econometrica, Vol. 47 (1979), pp. 263-292. 2007-06-18T10:01:51-00:00 1979 Econometrica 47 263 292 decision-making economics prospect-theory http://www.citeulike.org/user/mpromber/article/1379153 <i>Journal of Behavioral Decision Making, Vol. 16, No. 2. (2003), pp. 77-92.</i><br /><br />This paper examines the occurrence of framing effects when more thought is given to problems. In Study 1, participants were presented with one of two frames of several decision problems. Participants' Need for Cognition (NC) scores were obtained, and half the participants were asked to justify their choices. Substantial framing effects were observed, but the amount of thought purportedly given to a problem, whether manipulated by justification elicitation or measured by NC scores, did not reduce the incidence of framing effects. In Study 2, participants responded to both frames of problems in a within-subjects design. Again, NC scores were unrelated to responses on the first frame encountered. However, high-NC, compared to low-NC, participants were more consistent across frames of a problem. More thought, as indexed here, does not reduce the proclivity to be framed, but does promote adherence to normative principles when the applicability of those principles is detectable. Copyright © 2003 John Wiley & Sons, Ltd. Deep thoughts and shallow frames: on the susceptibility to framing effects Robyn Leboeuf Eldar Shafir doi:10.1002/bdm.433 Journal of Behavioral Decision Making, Vol. 16, No. 2. (2003), pp. 77-92. 2007-06-11T18:31:39-00:00 2003 Journal of Behavioral Decision Making 16 2 77 92 decision-making decisions framing prospect-theory psychology