Framing effects on bidding behavior in experimental first-price sealed-bid money auctions
Consumers often face prices that are the sum of two components, for example, an online purchase that includes a stated price and shipping costs. In such cases consumer behavior may be influenced by framing, i.e., how the components are bifurcated. Previous studies have demonstrated the effects of fr...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Society for Judgment and Decision Making
2016-07-01
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Series: | Judgment and Decision Making |
Subjects: | |
Online Access: | http://journal.sjdm.org/13/13807/jdm13807.pdf |