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Framed Choices - Essay Example

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These frames choices usually depend on whether a particular choice presents a gain or loss to the person in question. In most cases, people often…
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Framed Choices
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Download file to see previous pages Many psychological experiments have determined that young adults are more like to be enticed with risk taking when subjected to loss frame trails than older adults. For example, fresh graduates would prefer taking meat labeled lean since this represents options framed positively. In other words, the will take only such since they are considered healthy and they would like to remain healthy. On the other hand, this set of individuals will have a negative frame on failure. Young people especially graduate will never want to fail in life; thus, they will take the lowest risks that lead them to failure. Additionally, young youths will ever take risks that lead to loss when it comes to entertainment than the older adults. For instance, they will still take a risk of buying a moving ticket even after losing one with equal amount (Svenson and Maule, 1993). Examining from each of the above cases, the decision making on the loss or game framed choices are usually pegged on emotion, since each of these decision makings are only pegged on thinking rather than ...Download file to see next pagesRead More
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