Identify the coding of alternatives that makes individuals vary from E(U) maximizing behavior.
A)Framing effect
B)Self-serving bias
C)Fundamental attribution error
D)Spacing effect
E)Availability bias

Question

Quizplus · Accepted Answer

Framing effect refers to the way information is presented, which can influence decision-making and lead individuals away from expected utility (E(U)) maximizing behavior.

Identify the Coding of Alternatives That Makes Individuals Vary from E(U)