A Friend Complicates Matters

Author:   Alexander Bodansky
Publisher:   VDM Verlag Dr. Muller Aktiengesellschaft & Co. KG
ISBN:  

9783639177701


Pages:   56
Publication Date:   09 July 2009
Format:   Paperback
Availability:   In Print   Availability explained
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A Friend Complicates Matters


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Overview

To explain decision behavior by reducing it to utility maximization, as Kahneman and Tversky (2000) do, or to intuitive behavior, as Gigerenzer (1996) does, is to risk oversimplification. There is no single definition of rational decision behavior. The context defines what decision behavior can be evaluated as rational. In the context of morality, subjects base their decision behavior on four different ethical positions: deontology, hedonism, intuitionism and utilitarianism. In this article the classical Asian disease problem (ADP), used by Kahneman and Tversky (1981) to show the framing effect, is understood as a moral dilemma. To reach a decision, subjects relied to varying degrees on all four ethical positions. Variation of the ADPs personal proximity influenced subjects' decision behavior, leading to the disappearance of the framing effect, and changing the extent of subjects' reliance on the four ethical positions.

Full Product Details

Author:   Alexander Bodansky
Publisher:   VDM Verlag Dr. Muller Aktiengesellschaft & Co. KG
Imprint:   VDM Verlag Dr. Muller Aktiengesellschaft & Co. KG
Dimensions:   Width: 15.20cm , Height: 0.30cm , Length: 22.90cm
Weight:   0.097kg
ISBN:  

9783639177701


ISBN 10:   3639177703
Pages:   56
Publication Date:   09 July 2009
Audience:   General/trade ,  General
Format:   Paperback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

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