Two of the effects associated with decision problems are:
A) anchoring and framing.
B) anchoring and loading.
C) framing and complacency.
D) anchoring and luck

Question

Quizplus · Accepted Answer

Anchoring refers to the tendency of individuals to rely too heavily on the initial piece of information presented to them when making decisions. Framing refers to the way in which information is presented or "framed" to individuals, which can influence their decision-making. Both of these effects are commonly associated with decision problems. Option B is incorrect because "loading" is not a recognized term or effect related to decision problems. Option C is incorrect because "complacency" is not a recognized effect related to decision problems. Option D is incorrect because "luck" is not a recognized effect related to decision problems.

Two of the Effects Associated with Decision Problems Are