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      The Political Economy of Lobbying : Channels of Influence and their Regulation 

      Lobbying from the Perspective of Behavioral Political Economy

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      Springer International Publishing

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          Prospect Theory: An Analysis of Decision under Risk

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            The framing of decisions and the psychology of choice

            The psychological principles that govern the perception of decision problems and the evaluation of probabilities and outcomes produce predictable shifts of preference when the same problem is framed in different ways. Reversals of preference are demonstrated in choices regarding monetary outcomes, both hypothetical and real, and in questions pertaining to the loss of human lives. The effects of frames on preferences are compared to the effects of perspectives on perceptual appearance. The dependence of preferences on the formulation of decision problems is a significant concern for the theory of rational choice.
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              Framing Theory

              We review the meaning of the concept of framing, approaches to studying framing, and the effects of framing on public opinion. After defining framing and framing effects, we articulate a method for identifying frames in communication and a psychological model for understanding how such frames affect public opinion. We also discuss the relationship between framing and priming, outline future research directions, and describe the normative implications of framing.
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                Author and book information

                Book Chapter
                2023
                January 10 2024
                : 41-58
                10.1007/978-3-031-44393-0_3
                3a0e0994-850e-4933-a06d-63336aa84f94
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