The announcement effect : the impact of early warnings of future thresholds under different framing and risk contexts

Simple item page
dc.contributor.advisorVisser, Martineen_ZA
dc.contributor.authorChild, Alexander Fairfaxen_ZA
dc.date.accessioned2015-08-10T06:34:14Z
dc.date.available2015-08-10T06:34:14Z
dc.date.issued2015en_ZA
dc.description.abstractThe effect of announcing future institutional change is investigated in three different contexts: a gains frame, a loss frame, and a loss frame with risk. The institutional change is the transition from a normal public goods game into a threshold public goods game. Announcements may change subject behaviour, through influencing their expectations, before the implementation of the new institution (adjustment effect) and/or after the implementation (adaptation effect).We find that announcements in the gains frame cause zero adjustment effects and negative adaptation effects; while announcements in the loss frame cause positive adjustment and adaptation effects. However, including risk into the threshold phase of the loss frame causes the announcements to have zero effects. These results have important implications for the climate change debate.en_ZA
dc.identifier.apacitationChild, A. F. (2015). <i>The announcement effect : the impact of early warnings of future thresholds under different framing and risk contexts</i>. (Thesis). University of Cape Town ,Faculty of Humanities ,Department of Social Development. Retrieved from http://hdl.handle.net/11427/13668en_ZA
dc.identifier.chicagocitationChild, Alexander Fairfax. <i>"The announcement effect : the impact of early warnings of future thresholds under different framing and risk contexts."</i> Thesis., University of Cape Town ,Faculty of Humanities ,Department of Social Development, 2015. http://hdl.handle.net/11427/13668en_ZA
dc.identifier.citationChild, A. 2015. The announcement effect : the impact of early warnings of future thresholds under different framing and risk contexts. University of Cape Town.en_ZA
dc.identifier.ris TY - Thesis / Dissertation AU - Child, Alexander Fairfax AB - The effect of announcing future institutional change is investigated in three different contexts: a gains frame, a loss frame, and a loss frame with risk. The institutional change is the transition from a normal public goods game into a threshold public goods game. Announcements may change subject behaviour, through influencing their expectations, before the implementation of the new institution (adjustment effect) and/or after the implementation (adaptation effect).We find that announcements in the gains frame cause zero adjustment effects and negative adaptation effects; while announcements in the loss frame cause positive adjustment and adaptation effects. However, including risk into the threshold phase of the loss frame causes the announcements to have zero effects. These results have important implications for the climate change debate. DA - 2015 DB - OpenUCT DP - University of Cape Town LK - https://open.uct.ac.za PB - University of Cape Town PY - 2015 T1 - The announcement effect : the impact of early warnings of future thresholds under different framing and risk contexts TI - The announcement effect : the impact of early warnings of future thresholds under different framing and risk contexts UR - http://hdl.handle.net/11427/13668 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/13668
dc.identifier.vancouvercitationChild AF. The announcement effect : the impact of early warnings of future thresholds under different framing and risk contexts. [Thesis]. University of Cape Town ,Faculty of Humanities ,Department of Social Development, 2015 [cited yyyy month dd]. Available from: http://hdl.handle.net/11427/13668en_ZA
dc.language.isoengen_ZA
dc.publisher.departmentDepartment of Social Developmenten_ZA
dc.publisher.facultyFaculty of Humanitiesen_ZA
dc.publisher.institutionUniversity of Cape Town
dc.subject.otherEconomic Developmenten_ZA
dc.titleThe announcement effect : the impact of early warnings of future thresholds under different framing and risk contextsen_ZA
dc.typeMaster Thesis
dc.type.qualificationlevelMasters
dc.type.qualificationnameMSocScen_ZA
uct.type.filetypeText
uct.type.filetypeImage
uct.type.publicationResearchen_ZA
uct.type.resourceThesisen_ZA
Files
Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
thesis_hum_2015_child_af.pdf
Size:
1.07 MB
Format:
Adobe Portable Document Format
Description:
Download
Collections
Masters