Decisions with endogenous frames

Dalton, P.S. and Ghosal, S. (2012) Decisions with endogenous frames. Social Choice and Welfare, 38(4), pp. 585-600. (doi: 10.1007/s00355-011-0623-5)

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Abstract

We develop a model of decision-making with endogenous frames and contrast the normative implications of our model to those of choice theoretic models in which observed choices are determined by exogenous frames or ancillary conditions. We argue that, frames, though they may be taken as given by the decision-maker at the point when choices are made, matter for both welfare and policy purposes.

Item Type:Articles
Status:Published
Refereed:Yes
Glasgow Author(s) Enlighten ID:Ghosal, Professor Sayantan
Authors: Dalton, P.S., and Ghosal, S.
College/School:College of Social Sciences > Adam Smith Business School > Economics
Journal Name:Social Choice and Welfare
ISSN:0176-1714
ISSN (Online):1432-217X
Published Online:09 December 2011

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