The effect of authority and option frames on resource allocation decisions: Using prospect theory to predict choices and expressed justifications and advocate creative solutions

Meghann L. Drury*, Michael Elwood Roloff

*Corresponding author for this work

Research output: Contribution to journalArticle

Abstract

Changing conditions often require authority figures to develop options for reallocating resources. Based on Prospect Theory, this study predicted that individuals exposed to gain frames or in authority roles would prefer risk-averse options and construct messages expressing desire to avoid risks, whereas those exposed to loss frames or in less powerful roles would prefer risk-taking options and express a desire to take risks. In this experiment, gain frames and being authority figures increased preferences for budget-cutting options with risk-averse options, whereas loss frames and limited authority increased preferences for risk-taking options and the likelihood that individuals advocated creative solutions.

Original languageEnglish (US)
Pages (from-to)85-103
Number of pages19
JournalInternational Journal of Phytoremediation
Volume57
Issue number1
DOIs
StatePublished - Jan 1 2009

Keywords

  • Authority
  • Change Management
  • Decision Making
  • Power
  • Prospect Theory
  • Risk Communication
  • Risk Preference

ASJC Scopus subject areas

  • Environmental Chemistry
  • Pollution
  • Plant Science

Fingerprint Dive into the research topics of 'The effect of authority and option frames on resource allocation decisions: Using prospect theory to predict choices and expressed justifications and advocate creative solutions'. Together they form a unique fingerprint.

  • Cite this