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Are experimental economists prone to framing effects? A natural field experiment

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Author Info
Gächter, Simon
Orzen, Henrik
Renner, Elke
Starmer, Chris

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Abstract

An extensive literature demonstrates the existence of framing effects in the laboratory and in questionnaire studies. This paper reports new evidence from a natural field experiment using a subject pool one might expect to be particularly resistant to such effects: experimental economists. We find that while the behaviour of junior experimental economists is affected by the description of the decision task they face, this is not the case for the more senior members of our subject pool.

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File URL: http://www.sciencedirect.com/science/article/B6V8F-4VF56PB-8/2/81b4f434964252cb779408dd3addb38b
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Publisher Info
Article provided by Elsevier in its journal Journal of Economic Behavior & Organization.

Volume (Year): 70 (2009)
Issue (Month): 3 (June)
Pages: 443-446
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Handle: RePEc:eee:jeborg:v:70:y:2009:i:3:p:443-446

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Web page: http://www.elsevier.com/locate/jebo

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Related research
Keywords: Framing Field experiments;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Glenn W. Harrison & John A. List, 2004. "Field Experiments," Journal of Economic Literature, American Economic Association, vol. 42(4), pages 1009-1055, December. [Downloadable!] (restricted)
  2. Levin, Irwin P. & Schneider, Sandra L. & Gaeth, Gary J., 1998. "All Frames Are Not Created Equal: A Typology and Critical Analysis of Framing Effects," Organizational Behavior and Human Decision Processes, Elsevier, vol. 76(2), pages 149-188, November. [Downloadable!] (restricted)
  3. Ganzach, Yoav & Karsahi, Nili, 1995. "Message framing and buying behavior: A field experiment," Journal of Business Research, Elsevier, vol. 32(1), pages 11-17, January. [Downloadable!] (restricted)
  4. John A. List, 2003. "Does Market Experience Eliminate Market Anomalies?," The Quarterly Journal of Economics, MIT Press, vol. 118(1), pages 41-71, February. [Downloadable!] (restricted)
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This page was last updated on 2009-11-22.


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