Framing decision making bias
[DOC File]The Effects of Message Framing on Perceptions of Risk
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Finucane, Melissa, Ali Alhakami, Paul Slovic and Stephen Johnson (2000), “The Affect Heuristic in Judgments of Risk and Benefits,” Journal of Behavioral Decision Making, 13, 1-17. Heath, T. B., S. Chatterjee and K R. France (1995), “Mental Accounting and Changes in Price: The Frame Dependence of Reference Dependence,” Journal of ...
[DOC File]Framing Intro - Southeastern Homepages
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reflections on the elimination of framing bias in strategic decision making. Strategic Management Journal, 23, 1069-1076. Holmes, D. S., & Houston, B. K. (1974). Effectiveness of situation redefinition and affective . isolation in coping with stress. Journal of Personality and Social Psychology, 29, 212-218.
[DOC File]FRAMING EFFECT
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The results show the existence of the framing effect bias at individual and also at group. This result also indicates the ability of fuzzy-trace theory to predict the bias as does prospect theory, but in experiment hereinafter was designed to distinguish among the explanatory abilities of two theories in an accounting context, this result ...
[DOC File]California State University, Northridge
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* We consider decision making in a broader sense than merely making a choice. We consider it as the often-extensive process ranging from first recognizing a problem to be solved or a decision to be made, on through framing the problem or decision, identifying and evaluating alternatives, choosing among the alternatives, implementing the chosen ...
[DOC File]The Many Faces of Framing in Negotiation
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Their distinction between framing issues and framing identities captures the substantive and relational aspects of negotiation in a manner similar to Donohue’s emphasis. ... They construe trust as a heuristic that facilitates decision-making. It does this in four ways. ... A third is as an anchoring effect where initial interactions bias ...
[DOC File]Framing effects have been shown to have important ...
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Within the judgment and decision making literature there are a number of potential explanations for why framing effects occur (see Levin, Schneider & Gaeth, 1998 for a review). According to prospect theory, Kahneman and Tversky’s (1979) widely accepted descriptive model of decision making, people are more sensitive to losses than they are to ...
[DOC File]Self Framing - University of South Dakota
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Social cues and verbal framing in risky choice. Journal of Behavioral Decision Making, 14, 1-15. Author’s biography: X.T. Wang is professor of psychology at the University of South Dakota. His recent research interests include risk perception, risk management, and decision making in social, managerial, economical and cultural contexts.
[DOCX File]Chapter 5. Evaluating Evidence and Making a Decision (U.S ...
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The decision maker will evaluate evidence after verifying that the claim has been properly developed and procedurally prepared for a decision but before a written decision on the issues is prepared. Verifying that the claim is properly developed and procedurally prepared for a decision involves making sure that . all issues were recognized
[DOC File]Environmental Decision Scenarios
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Example shows a failure of invariance, i.e., although both framings are statistically equivalent, people display a systematic bias in their decisions that depends on the framing. In other words, the decision outcome differs as a result of the framing.
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