Coordination and focality under gain–loss framing: Experimental evidence
| Autor: | Odile Poulsen, Krista Jabs Saral |
|---|---|
| Rok vydání: | 2018 |
| Předmět: |
Economics and Econometrics
Focal point 05 social sciences Stochastic game ComputingMethodologies_IMAGEPROCESSINGANDCOMPUTERVISION ComputingMilieux_PERSONALCOMPUTING Microeconomics Framing (social sciences) 0502 economics and business Economics 050206 economic theory Coordination game 050207 economics Finance |
| Zdroj: | Economics Letters. 164:75-78 |
| ISSN: | 0165-1765 |
| Popis: | Are people better at coordinating on a focal point when the game is framed as coordinating on a division of losses rather than gains? In an experimental coordination game, we vary the payoff framing (gain vs loss) and stake size (low vs high) to examine this question. We find that loss framing reduces coordination on the focal point, with the strongest effect observed in high stakes games. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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