Framing effects and risk-sensitive decision making.

Effects of induced moods on economic choices

Emotions can shape decision processes by altering valuation signals, risk perception, and strategic orientation. Although multiple theories posit a role for affective processes in mediating the influence of frames on decision making, empirical studies have yet to demonstrate that manipulated affect modulates framing phenomena. The present study asked whether induced affective states alter gambl...

Reflections of the Self: How Self-Esteem Determines Decision Framing and Increases Risk Taking

Historically, research examining the influence of individual personality factors on decision processing has been sparse. In this paper we investigate how one important individual aspect, self-esteem, influences imposition and subsequent processing of ambiguously, negatively or positively framed decision tasks. We hypothesized that low self-esteem individuals would impose a negative frame onto a...

The evolution of decision-making under risk: Framing effects in monkey risk preferences

Framing Bias in the Interpretation of Quality Improvement Data: Evidence From an Experiment

Background A growing body of public management literature sheds light on potential shortcomings to quality improvement (QI) and performance management efforts. These challenges stem from heuristics individuals use when interpreting data. Evidence from studies of citizens suggests that individuals’ evaluation of data is influenced by the linguistic framing or context of that information an...

Who’s been framed? Framing effects are reduced in financial gambles made for others

BACKGROUND Decisions made on behalf of other people are sometimes more rational than those made for oneself. In this study we used a monetary gambling task to ask if the framing effect in decision-making is reduced in surrogate decision-making. METHODS Participants made a series of choices between a predetermined sure option and a risky gambling option of winning a proportion of an initial st...