{"id":"https://openalex.org/W4388535928","doi":"https://doi.org/10.54254/2754-1169/29/20231376","title":"Limited Rationality in a Cognitive Framework: Behavioral Economic Analysis Based on Consumption and Investment Phenomena","display_name":"Limited Rationality in a Cognitive Framework: Behavioral Economic Analysis Based on Consumption and Investment Phenomena","publication_year":2023,"publication_date":"2023-11-09","ids":{"openalex":"https://openalex.org/W4388535928","doi":"https://doi.org/10.54254/2754-1169/29/20231376"},"language":"en","primary_location":{"id":"doi:10.54254/2754-1169/29/20231376","doi":"https://doi.org/10.54254/2754-1169/29/20231376","is_oa":true,"landing_page_url":"https://doi.org/10.54254/2754-1169/29/20231376","pdf_url":"https://www.ewadirect.com/proceedings/aemps/article/view/5742/pdf","source":{"id":"https://openalex.org/S4387278942","display_name":"Advances in Economics Management and Political Sciences","issn_l":"2754-1169","issn":["2754-1169","2754-1177"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Advances in Economics, Management and Political Sciences","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"hybrid","oa_url":"https://www.ewadirect.com/proceedings/aemps/article/view/5742/pdf","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5101301243","display_name":"Sihao Hu","orcid":"https://orcid.org/0000-0003-3297-6991","observed_orcids":["https://orcid.org/0000-0003-3297-6991"]},"institutions":[{"id":"https://openalex.org/I12615008","display_name":"Beijing Normal-Hong Kong Baptist University","ror":"https://ror.org/04snvc712","country_code":"CN","type":"education","lineage":["https://openalex.org/I12615008"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Sihao Hu","raw_affiliation_strings":["Beijing Normal University-Hong Kong Baptist University United International College"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Beijing Normal University-Hong Kong Baptist University United International College","institution_ids":["https://openalex.org/I12615008"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5101301243"],"corresponding_institution_ids":["https://openalex.org/I12615008"],"apc_list":null,"apc_paid":null,"fwci":0.2097,"has_fulltext":true,"cited_by_count":1,"citation_normalized_percentile":{"value":0.5115758,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":93,"max":96},"biblio":{"volume":"29","issue":"1","first_page":"157","last_page":"162"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10517","display_name":"Financial Literacy, Pension, Retirement Analysis","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/bounded-rationality","display_name":"bounded rationality","score":0.9750000238418579},{"id":"https://openalex.org/keywords/framing-effects","display_name":"framing effects","score":0.824999988079071},{"id":"https://openalex.org/keywords/behavioral-economics","display_name":"behavioral economics","score":0.7850000262260437},{"id":"https://openalex.org/keywords/consumption-behavior","display_name":"consumption behavior","score":0.6660000085830688},{"id":"https://openalex.org/keywords/investment-behavior","display_name":"investment behavior","score":0.8709999918937683},{"id":"https://openalex.org/keywords/investor-sentiment","display_name":"investor sentiment","score":0.9190000295639038},{"id":"https://openalex.org/keywords/intertemporal-choice","display_name":"intertemporal choice","score":0.9610000252723694},{"id":"https://openalex.org/keywords/risky-decision-making","display_name":"risky decision making","score":0.9769999980926514},{"id":"https://openalex.org/keywords/emotion-induction","display_name":"emotion induction","score":0.593999981880188}],"concepts":[{"id":"https://openalex.org/C169087156","wikidata":"https://www.wikidata.org/wiki/Q2131593","display_name":"Framing (construction)","level":2,"score":0.8697445392608643},{"id":"https://openalex.org/C136714292","wikidata":"https://www.wikidata.org/wiki/Q1440683","display_name":"Framing effect","level":3,"score":0.8391197919845581},{"id":"https://openalex.org/C94931360","wikidata":"https://www.wikidata.org/wiki/Q607728","display_name":"Irrational number","level":2,"score":0.8007081747055054},{"id":"https://openalex.org/C109574028","wikidata":"https://www.wikidata.org/wiki/Q647525","display_name":"Behavioral economics","level":2,"score":0.5998786687850952},{"id":"https://openalex.org/C339426","wikidata":"https://www.wikidata.org/wiki/Q1151839","display_name":"Prospect theory","level":2,"score":0.5840063691139221},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5600348114967346},{"id":"https://openalex.org/C201717286","wikidata":"https://www.wikidata.org/wiki/Q938185","display_name":"Rationality","level":2,"score":0.5357327461242676},{"id":"https://openalex.org/C118084267","wikidata":"https://www.wikidata.org/wiki/Q26110","display_name":"Positive economics","level":1,"score":0.4360954761505127},{"id":"https://openalex.org/C169900460","wikidata":"https://www.wikidata.org/wiki/Q2200417","display_name":"Cognition","level":2,"score":0.43057215213775635},{"id":"https://openalex.org/C100001284","wikidata":"https://www.wikidata.org/wiki/Q2248246","display_name":"Public economics","level":1,"score":0.34151753783226013},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.31867915391921997},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.3059248924255371},{"id":"https://openalex.org/C77805123","wikidata":"https://www.wikidata.org/wiki/Q161272","display_name":"Social psychology","level":1,"score":0.26075422763824463},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.17933690547943115},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.11999419331550598},{"id":"https://openalex.org/C2781310500","wikidata":"https://www.wikidata.org/wiki/Q1231428","display_name":"Persuasion","level":2,"score":0.10201272368431091},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C2524010","wikidata":"https://www.wikidata.org/wiki/Q8087","display_name":"Geometry","level":1,"score":0.0},{"id":"https://openalex.org/C66938386","wikidata":"https://www.wikidata.org/wiki/Q633538","display_name":"Structural engineering","level":1,"score":0.0},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.0},{"id":"https://openalex.org/C169760540","wikidata":"https://www.wikidata.org/wiki/Q207011","display_name":"Neuroscience","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.54254/2754-1169/29/20231376","doi":"https://doi.org/10.54254/2754-1169/29/20231376","is_oa":true,"landing_page_url":"https://doi.org/10.54254/2754-1169/29/20231376","pdf_url":"https://www.ewadirect.com/proceedings/aemps/article/view/5742/pdf","source":{"id":"https://openalex.org/S4387278942","display_name":"Advances in Economics Management and Political Sciences","issn_l":"2754-1169","issn":["2754-1169","2754-1177"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Advances in Economics, Management and Political Sciences","raw_type":"journal-article"}],"best_oa_location":{"id":"doi:10.54254/2754-1169/29/20231376","doi":"https://doi.org/10.54254/2754-1169/29/20231376","is_oa":true,"landing_page_url":"https://doi.org/10.54254/2754-1169/29/20231376","pdf_url":"https://www.ewadirect.com/proceedings/aemps/article/view/5742/pdf","source":{"id":"https://openalex.org/S4387278942","display_name":"Advances in Economics Management and Political Sciences","issn_l":"2754-1169","issn":["2754-1169","2754-1177"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Advances in Economics, Management and Political Sciences","raw_type":"journal-article"},"sustainable_development_goals":[],"sustainable_development_goals_aurora":[{"display_name":"Peace, justice, and strong institutions","id":"https://metadata.un.org/sdg/16","score":0.7699999809265137}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W4388535928.pdf","grobid_xml":"https://content.openalex.org/works/W4388535928.grobid-xml"},"referenced_works_count":19,"referenced_works":["https://openalex.org/W1482272950","https://openalex.org/W1966368671","https://openalex.org/W1976780959","https://openalex.org/W2016974676","https://openalex.org/W2053019816","https://openalex.org/W2056856748","https://openalex.org/W2071833234","https://openalex.org/W2080757618","https://openalex.org/W2096452841","https://openalex.org/W2109732081","https://openalex.org/W2132363418","https://openalex.org/W2134972645","https://openalex.org/W2169078981","https://openalex.org/W2437061623","https://openalex.org/W2890222871","https://openalex.org/W3022671937","https://openalex.org/W3123721299","https://openalex.org/W4240087435","https://openalex.org/W4250399383"],"related_works":["https://openalex.org/W4210567056","https://openalex.org/W7111273850","https://openalex.org/W3115651456","https://openalex.org/W4410953738","https://openalex.org/W4406130201","https://openalex.org/W1084302309","https://openalex.org/W7201877358","https://openalex.org/W4307336493","https://openalex.org/W2377273505","https://openalex.org/W4405453890"],"abstract_inverted_index":{"Consumption":[0],"and":[1,20,24,29,43,53,71,105,128,136],"investment":[2],"are":[3],"essential":[4],"decision-making":[5,143],"processes":[6],"in":[7,33,69,91],"the":[8,34,40,50,65,75,86,97,111,115,118,124,139,147],"daily":[9],"life":[10],"of":[11,18,45,56,60,79,99,114,150],"people,":[12],"as":[13,15],"well":[14],"key":[16],"indicators":[17],"social":[19],"national":[21],"economic":[22],"progress":[23],"regulation.":[25],"The":[26],"irrational":[27,151],"behaviors":[28],"anomalies":[30],"that":[31],"emerge":[32],"market":[35],"nowadays":[36],"have":[37],"broken":[38],"through":[39],"conventional":[41],"assumptions":[42],"interpretations":[44],"rational":[46],"economics,":[47,81],"therefore,":[48],"clarifying":[49],"underlying":[51],"logic":[52],"fundamental":[54],"principles":[55],"these":[57],"phenomena":[58],"is":[59],"considerable":[61],"reference":[62],"value":[63],"for":[64],"judgments":[66],"people":[67],"make":[68],"manufacturing":[70],"living.":[72],"Drawing":[73],"on":[74,133],"framing":[76,116],"effect":[77],"theory":[78],"behavioral":[80,92],"this":[82],"study":[83,119],"will":[84,120],"unpack":[85],"potential":[87],"impact":[88],"factors":[89],"rooted":[90],"decision":[93,103,107],"making":[94,104],"by":[95],"incorporating":[96],"perspectives":[98,144],"self-framing,":[100],"sentiment,":[101],"intertemporal":[102,142],"risky":[106],"making.":[108],"According":[109],"to":[110,123,145],"core":[112],"findings":[113],"effect,":[117],"progressively":[121],"expand":[122],"self-framing":[125],"description":[126],"framework":[127],"specific":[129],"emotion":[130],"elicitation":[131],"constructed":[132],"its":[134],"basis,":[135],"then":[137],"integrate":[138],"promotional":[140],"framing,":[141],"refine":[146],"comprehensive":[148],"analysis":[149],"behavior.":[152]},"counts_by_year":[{"year":2026,"cited_by_count":1}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2023-11-10T00:00:00"}