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All frames created equal are not identical: on the structure of Kahneman and Tversky’s framing effects

Author

Listed:
  • Dorian Jullien

    (GREDEG - Groupe de Recherche en Droit, Economie et Gestion - UNS - Université Nice Sophia Antipolis (1965 - 2019) - CNRS - Centre National de la Recherche Scientifique - UniCA - Université Côte d'Azur)

Abstract

This paper revisits Daniel Kahneman and Amos Tversky's work on ‘framing'. It shows how various conventions from economic theory allow the establishment of different equivalence relations between pairs of problems in framing experiments. Then, an exegesis of their comments on these experiments is conducted regarding the relation between their theoretical explanation through prospect theory and the positive/normative distinction in models of individual behaviors. Throughout, a methodological framework with a distinction between identity, equivalence and equality (borrowed to philosopher Craig Dilworth) is developed for a critical analysis of the relation between external frames (the empirical structure of a decision problem) and internal frames (the psychological representation of the decision problem by decision makers).

Suggested Citation

  • Dorian Jullien, 2016. "All frames created equal are not identical: on the structure of Kahneman and Tversky’s framing effects," Post-Print hal-01304708, HAL.
    • Handle: RePEc:hal:journl:hal-01304708
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    Citations

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    Cited by:

    1. Guilhem Lecouteux & Ivan Mitrouchev, 2021. "The "View from Manywhere": Normative Economics with Context-Dependent Preferences," GREDEG Working Papers 2021-19, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    2. Michal Ovádek, 2019. "The apolitical lawyer: experimental evidence of a framing effect," European Journal of Law and Economics, Springer, vol. 48(3), pages 385-415, December.
    3. Kuehnhanss, Colin R. & Heyndels, Bruno, 2018. "All’s fair in taxation: A framing experiment with local politicians," Journal of Economic Psychology, Elsevier, vol. 65(C), pages 26-40.

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