Distance from a distance: the robustness of psychological distance effects

Psychological distance effects have attracted the attention of behavioral economists in the context of descriptive modeling and behavioral policy. Indeed, psychological distance effects have been shown for an increasing number of domains and applications relevant to economic decision-making. The cur...

Full description

Saved in:
Bibliographic Details
Main Author: Trautmann, Stefan T. (Author)
Format: Article (Journal)
Language:English
Published: 15 March 2019
In: Theory and decision
Year: 2019, Volume: 87, Issue: 1, Pages: 1-15
ISSN:1573-7187
DOI:10.1007/s11238-019-09696-6
Online Access:Verlag, Volltext: https://doi.org/10.1007/s11238-019-09696-6
Get full text
Author Notes:Stefan T. Trautmann
Description
Summary:Psychological distance effects have attracted the attention of behavioral economists in the context of descriptive modeling and behavioral policy. Indeed, psychological distance effects have been shown for an increasing number of domains and applications relevant to economic decision-making. The current paper questions whether these effects are robust enough for economists to apply them to relevant policy questions. We demonstrate systematic replication failures for the distance-from-a-distance effect shown by Maglio et al. (J Exp Psychol Gen 142:644-657, 2013), and relate them to theoretical arguments suggesting that psychological distance theories are currently too poorly specified to make predictions that are precise enough for economic analyses.
Item Description:Gesehen am 29.11.2019
Physical Description:Online Resource
ISSN:1573-7187
DOI:10.1007/s11238-019-09696-6