The Frame Effect Revisited: Is Trust able to Transform People from Risk Averse to Risk Taker?
When people have to choose between two equivalent options, they prefer the certain one in gain domain and probabilistic one in loss domain: this is the main statement of Tversky and Kahneman (1981) Frame effect. It has been explained through rational choice theory, according to which people tend to...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
The Bucharest University of Economic Studies Publishing House
2018-11-01
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Series: | Journal of Emerging Trends in Marketing and Management |
Subjects: | |
Online Access: | http://www.etimm.ase.ro/RePEc/aes/jetimm/2018/ETIMM_V01_2018_71.pdf |