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Decisions with endogenous frames

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Dalton, Patricio S. (Patricio Santiago) and Ghosal, Sayantan (2011) Decisions with endogenous frames. Working Paper. Coventry, UK: Department of Economics, University of Warwick. CAGE Online Working Paper Series, Volume 2010 (Number 30 ).

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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: Working or Discussion Paper (Working Paper)
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculty of Social Sciences > Economics
Library of Congress Subject Headings (LCSH): Welfare economics, Welfare economics -- Mathematical models, Decision making -- Mathematical models, Economics -- Mathematical models, Economic policy
Series Name: CAGE Online Working Paper Series
Publisher: Department of Economics, University of Warwick
Place of Publication: Coventry, UK
Official Date: September 2011
Dates:
DateEvent
September 2011Published
Volume: Volume 2010
Number: Number 30
Number of Pages: 21
Institution: University of Warwick
Status: Not Peer Reviewed
Publication Status: Published
Description:

First published December 2010, revised September 2011

Date of first compliant deposit: 1 August 2016
Date of first compliant Open Access: 1 August 2016
Funder: Economic and Social Research Council (Great Britain) (ESRC)
Grant number: RES-167-25-0364 (ESRC)

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