Information Presentation Pattern, Information Order and Framing Effect in Taking Investment Decisions

Framing Information Security Budget Requests to Influence Investment Decisions

Prospect Theory and Information Security Investment Decisions

Most articles that discuss the economics of security focus on the use of rational choice decision models for evaluating investment alternatives. However, security investment decisions involve risk and several researchers have noted that risk related decisions often violate the fundamental principles of rational choice decision models. Accordingly, we assert that problems exist with using these ...

Real Investment Decisions under Information Constraints

CIRANO is a private non-profit organization incorporated under the Québec Companies Act. Its infrastructure and research activities are funded through fees paid by member organizations, an infrastructure grant from the Ministère de l’Industrie, du Commerce, de la Science et de la Technologie, and grants and research mandates obtained by its research teams. The Scientific Series fulfils one of t...

Consumer information search when making investment decisions

We discuss the characteristics of investment decisions and identify the factors that affect consumers’ information search behavior when they make investment decisions. Using the 2000 to 2001 MacroMonitor data set, we find that subjective knowledge, amount of investment, risk tolerance, age, education, and income influence both the extent of information search and the use of specific information...

Did Information Amount Matter in Framing Effect?

Framing the product attribute(s) in either positive or negative way can result in different responses. This phenomenon is referred to attribute framing effect. This article reported results from a laboratory experiment which examines the influence of message framing and information amounts on Internet buyers’ judgments. The amount of information was defined in terms of the number of attribute i...