What Is The Framing Effect In Economics?

What Is The Framing Effect In Economics? This states that consumer choices will be influenced by how information is presented. For example: Presenting a positive spin. A sign that says 10% of our customers are not fully satisfied – implies a negative connotation. What is an example of the framing effect? The framing effect is

How Does Framing Affect Memory Psychology?

How Does Framing Affect Memory Psychology? How framing can distort our memories. Framing effects don’t only distort our reasoning, they also distort our actual memories. The psychologist Elizabeth Loftus What are the effects of framing in psychology? The framing effect is a cognitive bias where people decide on options based on whether the options are