The fact that airlines offer off-peak airline discounts rather than peak-time surcharges is an example of:
A) the endowment effect.
B) framing effects.
C) non-zero sum game.
D) irrational behavior.

Question

Quizplus · Accepted Answer

Framing effects refer to how the presentation or "framing" of options can influence decision-making. Offering discounts for off-peak times rather than surcharges for peak times is a way to frame the pricing positively, making it more appealing to consumers.

The Fact That Airlines Offer Off-Peak Airline Discounts Rather Than