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The announcement effect : the impact of early warnings of future thresholds under different framing and risk contexts
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 b...
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| Format: | Thesis |
| Language: | English |
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Department of Social Development
2015
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| _version_ | 1867613328115761152 |
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| access_status_str | Open Access |
| author | Child, Alexander Fairfax |
| author2 | Visser, Martine |
| author_browse | Child, Alexander Fairfax Visser, Martine |
| author_facet | Visser, Martine Child, Alexander Fairfax |
| author_sort | Child, Alexander Fairfax |
| collection | Thesis |
| description | 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. |
| format | Thesis |
| id | oai:open.uct.ac.za:11427/13668 |
| institution | University of Cape Town (South Africa) |
| language | eng |
| last_indexed | 2026-06-10T12:34:23.309Z |
| license_str | Not specified — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository |
| publishDate | 2015 |
| publishDateRange | 2015 |
| publishDateSort | 2015 |
| publisher | Department of Social Development |
| publisherStr | Department of Social Development |
| record_format | dspace |
| source_str | UCTD — University of Cape Town Open Access Repository |
| spelling | oai:open.uct.ac.za:11427/13668 The announcement effect : the impact of early warnings of future thresholds under different framing and risk contexts Child, Alexander Fairfax Visser, Martine Economic Development 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. 2015-08-10T06:34:14Z 2015-08-10T06:34:14Z 2015 Master Thesis Masters MSocSc http://hdl.handle.net/11427/13668 eng application/pdf Department of Social Development Faculty of Humanities University of Cape Town |
| spellingShingle | Economic Development Child, Alexander Fairfax The announcement effect : the impact of early warnings of future thresholds under different framing and risk contexts |
| thesis_degree_str | Master's |
| title | The announcement effect : the impact of early warnings of future thresholds under different framing and risk contexts |
| title_full | The announcement effect : the impact of early warnings of future thresholds under different framing and risk contexts |
| title_fullStr | The announcement effect : the impact of early warnings of future thresholds under different framing and risk contexts |
| title_full_unstemmed | The announcement effect : the impact of early warnings of future thresholds under different framing and risk contexts |
| title_short | The announcement effect : the impact of early warnings of future thresholds under different framing and risk contexts |
| title_sort | announcement effect the impact of early warnings of future thresholds under different framing and risk contexts |
| topic | Economic Development |
| url | http://hdl.handle.net/11427/13668 |
| work_keys_str_mv | AT childalexanderfairfax theannouncementeffecttheimpactofearlywarningsoffuturethresholdsunderdifferentframingandriskcontexts AT childalexanderfairfax announcementeffecttheimpactofearlywarningsoffuturethresholdsunderdifferentframingandriskcontexts |