“Categorisation of decision situations affecting induced preferences.
Some empirical tests of a formal framing model.”
Framing theory is a sociological theory of individual decision
making that postulates an intervening stage of cognitive categorisation
of the decision situation in terms of ‘social meaning’
before preferences are formed - this way rendering the utility concept
more fruitful for applications in sociology. In the presentation,
I argue that some well-known anomalies of axiomatic utility theory
can be explained in this light. For illustration, I focus on phenomena
of context-dependent preferences documented by TVERSKY & SIMONSON
roughly a decade ago. I present analyses of own empirical studies
in order to validate this claim.
The presentation was held at the SFB 504 at Mannheim University
on February 2nd, 2004. It is based on excerpts of Chapters 2, 4
and 7 of my dissertation.
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