Framing effects in prospect theory indicate that a given result, such as "an investment return of 10 percent,"

Question

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Framing effects suggest that the perception of outcomes, such as an investment return, can be influenced by how they are presented or the context in which they are seen. Thus, a 10 percent return could be seen as a gain or a loss depending on expectations, comparisons, or how the information is framed.

Framing Effects in Prospect Theory Indicate That a Given Result