SAVING LIVES IN THE PRESENT VERSUS SAVING LIVES IN THE FUTURE - IS THERE A FRAMING EFFECT

Citation
M. Johannesson et Po. Johansson, SAVING LIVES IN THE PRESENT VERSUS SAVING LIVES IN THE FUTURE - IS THERE A FRAMING EFFECT, Journal of risk and uncertainty, 15(2), 1997, pp. 167-176
Citations number
28
Categorie Soggetti
Economics,"Business Finance
ISSN journal
08955646
Volume
15
Issue
2
Year of publication
1997
Pages
167 - 176
Database
ISI
SICI code
0895-5646(1997)15:2<167:SLITPV>2.0.ZU;2-E
Abstract
To estimate the discount rate for lives saved in the future a number o f studies have been carried out on the trade-off between saving lives now and in the future. A telephone survey is administered to about 1,7 00 individuals to test if the framing of the question affects the esti mated trade-off. In one sample the question is framed as saving 100 li ves today versus saving x future lives and in one sample the question is framed as saving 100 future lives versus saving y lives today. The result shows that the framing has a major impact on the trade-off.