Perspectives, perceptions, and risk-taking behavior
Article Abstract:
Two experiments were conducted to empirically isolate comprehension of threat and opportunity from that of loss and gain in decision-making. The first experiment showed that most decision makers confronting traditional framing problems considered the risky option an opportunity when they were in the loss-frame condition, but a threat when they were in the gain-frame condition. A second experiment of 84 subjects showed that subjects took more risks when the problems were framed as opportunities, and were risk-averse when the problems were framed as threats.
Publication Name: Organizational Behavior & Human Decision Processes
Subject: Psychology and mental health
ISSN: 0749-5978
Year: 1996
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The influence of social (mis)information on memory for behavior in an employment interview
Article Abstract:
Decisions made by a group may be affected by the validity of information retained by each member of the group on the object being decided upon. A group of people evaluating an interview were easily misled by false information included in notes made by its own members. However, a similarly misled group performed as well as a correctly informed group when they were told that some of the information may have been false.
Publication Name: Organizational Behavior & Human Decision Processes
Subject: Psychology and mental health
ISSN: 0749-5978
Year: 1995
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Looking closer at the effects of framing on risky choice: an item response theory analysis
Article Abstract:
People who are extreme in preference for risk will not be greatly affected by the framing of an item. Utilization of item response theory methodology revealed that extreme risk-seeking people almost always choose the risky option. Compared to other framing items, anomalous statistical properties were observed for the most popularly used item in framing research, the Asian Disease item.
Publication Name: Organizational Behavior & Human Decision Processes
Subject: Psychology and mental health
ISSN: 0749-5978
Year: 1998
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