Framing effect refers to:
A) how a decision maker views the alternatives in a decision problem.
B) how difficult the decision is.
C) whether a software program can be used to obtain an optimal solution to a decision problem.
D) how structured the decision problem is.

Question

Quizplus · Accepted Answer

The framing effect refers to how a decision maker views the alternatives in a decision problem. It can influence the decision maker's choice by the way the options are presented or framed. For example, a decision maker may be more likely to choose an option if it is presented as a gain rather than a loss.

Framing Effect Refers To