Research on the Framing Effect Shows That Decision Makers Are

question 54

Multiple Choice

Research on the framing effect shows that decision makers are risk averse when they focus on _____ and risk seeking when they focus on _____.

• A) gains; gains
• B) gains; losses
• C) losses; gains
• D) losses; losses
• E) None of the above is correct.

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Definitions:

Strong Situation

Situations that have clear behavioral expectations, cues, or scripts that lead individuals to behave in a uniform manner.

Weak Situation

Situations that lack clear expected behaviors, rules, or strong cues on how to act, allowing for more variability in responses.

Self-schema

Cognitive structures that contain beliefs, experiences, and generalizations about the self, influencing how information about the self is processed.

Roommate's Personality

The individual character traits and behaviors of a person with whom one shares living space, influencing the dynamics of cohabitation.