Assignment task:
Your textbook discusses the framing effect in the context of research conducted by Daniel Kahneman and Amos Tversky. Which of the following best describes the framing effect? When people view a problem as a choice between losses, they tend to make conservative decisions When people view a problem as a choice between gains, they tend to make risky decisions When people view a problem as a choice between losses, they tend to make risky decisions When people view a problem as a choice between losses, they tend to make poor decisions