Framing, Information, and Welfare

[Daniel Martin]

Hello everyone,

I hope you and your families are healthy and doing well.  Andrew Caplin and I have recently finished a revision of our paper “Framing, Information, and Welfare” in which we use revealed preference techniques to rank frames based on how well informed decision-makers are in each frame and the (unobservable) value of information in each frame:

http://www.martinonline.org/daniel/Framing_Information_and_Welfare_20200510.pdf

If you have any thoughts or suggestions about the paper, including related literature that we may have overlooked, please let me know.

Best,

Daniel

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Daniel Martin
Associate Professor (untenured)
Managerial Economics & Decision Sciences (MEDS)
Kellogg School of Management, Northwestern University
http://www.martinonline.org/daniel/