Phrasing the Same Option in Different Ways Can Affect Decision

question 73

Multiple Choice

Phrasing the same option in different ways can affect decision making.This is referred to as:

• A) framing effects.
• B) probability matching.
• C) subjective probability.
• D) subjective utility.

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Definitions:

Industry Jargon

Specialized language or terminology used within a particular field or industry, often difficult for outsiders to understand.

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