In choices that involve uncertainty,our judgments are affected not only by the framing of the choice in terms of the level risk,but also by the framing of the choice in terms of gains or losses.

Question

Quizplus · Accepted Answer

This statement is true. Research has shown that people are more likely to take risks when framed as potential gains, and more likely to avoid risks when framed as potential losses.

In Choices That Involve Uncertainty,our Judgments Are Affected Not Only