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Experimental Strategy for Investigating the Neural Basis of Framing Effects

By Sacha Bourgeois-Gironde and Elise Payzan

Abstract

We investigate subjective reactions when subjects realize they have been victims of framing-effects in situations of risky choices - that is, when they violated the invariance principle in decision-theory. We try to assess various explanations of this violation in terms of bounded rationality and cognitive biases. One criterion we use in our assessment is a feeling of cognitive discomfort subjects may have after norm infringement. In ourexperimental study of framing effects, it is crucial to confront these "feelings of irrationality" and contextual reasons (moral and/or emotional) subjects may give to justify their violation of the invariance principle

Topics: debriefings, framing effects, cognitive biases, bounded rationality, debriefings., [ SCCO.COGPSY ] Cognitive science/domain_scco.cogpsy, [ SCCO.SOCIALPSY ] Cognitive science/domain_scco.socialpsy, [ SHS.ECO ] Humanities and Social Sciences/Economies and finances
Publisher: HAL CCSD
Year: 2005
OAI identifier: oai:HAL:ijn_00000665v1

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