Template-Type: ReDIF-Paper 1.0
Author-Name: Mihir Bhattacharya
Author-Name-First: Mihir
Author-Name-Last: Bhattacharya
Author-Email: mihir.bhattacharya@ashoka.edu.in
Author-Workplace-Name: Department of Economics, Ashoka University
Author-Name: Saptarshi Mukherjee
Author-Name-First: Saptarshi
Author-Name-Last: Mukherjee
Author-Email: saptarshi.isi@gmail.com
Author-Workplace-Name: Department of Humanities and Social Sciences, IIT Delhi
Author-Name: Ruhi Sonal
Author-Name-First: Ruhi
Author-Name-Last: Sonal
Author-Email: Ruhi.Sonal@hss.iitd.ac.in
Author-Workplace-Name: Department of Humanities and Social Sciences, IIT Delhi
Title: Attention and Framing
Abstract: We consider individual decision-making where every alternative appears with a frame (a la Salant and Rubinstein (2008)). The decision maker is subject to inattention due to framing effects that leads to random choice. We characterize a frame-based stochastic choice rule according to which the choice probability of an alternative (say, x) is the probability with which attention is drawn by its frame and not by the frames which are associated with the alternatives that beat x according to a complete binary relation.
length: 16
Creation-Date: 20190902
Revision-Date: 
Publication-Status: 
File-URL: https://dp.ashoka.edu.in/ash/wpaper/paper18_0.pdf
File-Format: Application/pdf 
Number: 18
Keywords: attention
Keywords: framing
Keywords: stochastic choice
Handle: RePEc:ash:wpaper:18