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2014 | OriginalPaper | Buchkapitel

10. Theories Used to Explain the Framing Effect

verfasst von : Professor Kazuhisa Takemura

Erschienen in: Behavioral Decision Theory

Verlag: Springer Japan

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Abstract

Chapter 9 introduced empirical studies of the framing effect. This chapter will explain the reasons why the framing effect occurs. Tversky and Kahneman (1981) explained the framing effect based on prospect theory (Kahneman and Tversky 1979, 1992), which they proposed. This chapter will first use this prospect theory to explain the framing effect, and subsequently use the contingent focus model (Takemura 1994; Takemura and Fujii 1999, 2001a)––an alternative explanation to prospect theory––for the explanation and introduce the empirical research related to this model.

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Literatur
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Metadaten
Titel
Theories Used to Explain the Framing Effect
verfasst von
Professor Kazuhisa Takemura
Copyright-Jahr
2014
Verlag
Springer Japan
DOI
https://doi.org/10.1007/978-4-431-54580-4_10

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