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Analyzing Framing Effecty by an Experiment among Students in Turkey

Author

Listed:
  • Hatime KAMÝLÇELEBÝ
  • Emre ÜNAL

    (Kyoto University, Japan)

Abstract

This study investigates the framing effect of experiments that conducted among students. The main aim of this work is to show the results of an experiment conducted in Turkey how could affect behavior of subjects who were students in banking and insurance business studies department. By expressing a particular topic in negative and positive way we could observe the behaviors. In conclusion, these subjects mainly focused on positive expression to avoid risks.

Suggested Citation

  • Hatime KAMÝLÇELEBÝ & Emre ÜNAL, 2014. "Analyzing Framing Effecty by an Experiment among Students in Turkey," Journal of Economic and Social Thought, KSP Journals, vol. 1(1), pages 27-31, December.
    • Handle: RePEc:ksp:journ3:v:1:y:2014:i:1:p:27-31
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    References listed on IDEAS

    as
    1. Joseph A. Mikels & Andrew E. Reed, 2009. "Monetary Losses Do Not Loom Large in Later Life: Age Differences in the Framing Effect," The Journals of Gerontology: Series B, The Gerontological Society of America, vol. 64(4), pages 457-460.
    2. Eliaz, Kfir & Rubinstein, Ariel, 2011. "Edgar Allan Poe's riddle: Framing effects in repeated matching pennies games," Games and Economic Behavior, Elsevier, vol. 71(1), pages 88-99, January.
    3. Daniel Kahneman & Amos Tversky, 2013. "Prospect Theory: An Analysis of Decision Under Risk," World Scientific Book Chapters, in: Leonard C MacLean & William T Ziemba (ed.), HANDBOOK OF THE FUNDAMENTALS OF FINANCIAL DECISION MAKING Part I, chapter 6, pages 99-127, World Scientific Publishing Co. Pte. Ltd..
    4. Tversky, Amos & Kahneman, Daniel, 1986. "Rational Choice and the Framing of Decisions," The Journal of Business, University of Chicago Press, vol. 59(4), pages 251-278, October.
    5. Fagley, N. S. & Miller, Paul M., 1997. "Framing Effects and Arenas of Choice: Your Money or Your Life?," Organizational Behavior and Human Decision Processes, Elsevier, vol. 71(3), pages 355-373, September.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Behavioral economics; Framing effect; Risks; Choices;
    All these keywords.

    JEL classification:

    • D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
    • D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General

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