HIGHLIGHTS
- who: Luca Congiu from the methods are the ‘ordered list selection' (Binswanger , have published the Article: Framing Effects in the Elicitation of Risk Aversion: An Experimental Study, in the Journal: (JOURNAL)
- what: The present experiment (N 95) tests for numeric and pictorial framing effects in a multiple price list (MPL) where risk information is presented either as percentages ("10%") or as ratios ("1 out of 10") and is accompanied by either two-slice or ten-slice pies. The experiment found, however, an interaction effect between the two framings and the probability which draws the most . . .
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