This topic contains a solution. Click here to go to the answer

Author Question: If a researcher wants to conduct a study on the framing effect, which of the following would be the ... (Read 73 times)

ereecah

  • Hero Member
  • *****
  • Posts: 530
If a researcher wants to conduct a study on the framing effect, which of the following would be the most likely topic for the study?
 
  a. How do math undergraduates and math professors differ in their confidence about decisions?
  b. How long do people maintain their commitment to an unsatisfactory decision?
  c. Under what circumstances do people overestimate their ability to predict events that have already occurred?
  d. Should a product that costs 300 and is marked down to 200 be advertised as only 200 or 100 off?

Question 2

According to the research on prospect theory,
 
  a. people generally avoid risks.
  b. when the situation involves possible losses, people usually seek risks.
  c. most people can overcome the framing effect because they naturally focus on the risks involved.
  d. people consistently make decisions that are correct from a statistical point of view.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jliusyl

  • Sr. Member
  • ****
  • Posts: 328
Answer to Question 1

Ans: d

Answer to Question 2

Ans: b




ereecah

  • Member
  • Posts: 530
Reply 2 on: Jun 20, 2018
:D TYSM


meow1234

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

For a complete list of videos, visit our video library