Narrow Framing

Narrow framing

A) Refers to the observation that people tend to value something more highly when they own it than when they don't
B) Refers to the observation that people tend to value something more highly when they don't own it than when they do
C) Is the psychological tendency to group related items into categories and in making a choice, to consider other items in the same category while ignoring items in different categories
D) Refers to the observation that people must make choices in the presence of uncertainty