Mona Lisa has just started working for Tom and wants to leave early to go to a concert that she received tickets for. Based on her logic, if Tom were to say no then it would feel like he’s taking something away from her. Even though she didn’t purchase the item, the feelings of loss are often stronger than the amount of gains for an item.
See more: behavioral, endowment effect, framing, loss aversion
Leslie meets with Kathryn Pinewood to discuss the sizes of sodas sold at the local restaurants. Leslie, as city council member, doesn’t believe that this move by local businesses is good for the health of her community. Local restaurants have gotten creative in marketing the larger sodas by offering price discounts when customers by large volumes. Despite framing the larger sizes with more normal names, Leslie is confused why people would keep purchasing that much soda.
See more: behavioral, choices, framing, health economics, negative externalities, preferences, price discrimination, second degree price discrimination, subjective value
In an effort to get Sweet-ums out of Pawnee Parks, Leslie and Ann hold a town hall meeting. Both Leslie and Ron try to frame their questions to get citizens to vote their way.
See more: behavioral, framing, private incentives, rent seeking, voting
Ann and Leslie are trying to convince local residents that a park would be a good alternative to a giant pit located near their homes. The two of them go door-to-door framing their questions to garner public support, but one local resident doesn’t want a park built near her house because of all the potential negative externalities associated with them.
See more: externalities, framing, negative externalities, public goods, rent seeking, social costs
Ann and Leslie are trying to convince local residents that a park would be a good alternative to a giant pit located near their homes. The two of them realize they aren’t getting as many responses as they were hoping so Leslie decides to re-frame the question in the hopes of getting respondents to answer the way she would like them to.
See more: behavioral, framing, public goods, survey bias, tradeoffs
Economics of Parks & Recreation 