Research on the Framing Effect Shows That People Tend to Overestimate

question 76

True/False

Research on the framing effect shows that people tend to overestimate the likelihood of very small probabilities, which makes lotteries seem more attractive than they really are.

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Definitions:

Psychological Health

An individual's overall state of mental, emotional, and psychological well-being.

Romantic Relationship

A type of interpersonal relationship that involves emotional and/or physical intimacy, typically characterized by love, commitment, and attraction.

Theory Construction

The process of systematically developing and organizing ideas to explain a phenomenon.

Sentimentality Analyzing

The process of examining emotions and feelings that evoke a tender or nostalgic sense, often to understand their impact on behavior and thought.