5) Framing Effect In behavioral economics, the framing effect is a bias where how information is presented (whether it is presented positively or negatively) affects our decisions Here's the Wikipedia on the concept Framing Effect Offer an example of a business that appears to use framing to influence consumer decisions Explain why this is an example of the framing effect 6) Do you think the example you offered was effective Why or why not

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Question: 5) Framing Effect In behavioral economics, the framing effect is a bias where how information is presented (whether it is presented positively or negatively) affects

5) Framing Effect

In behavioral economics, the framing effect is a bias where how information is presented (whether it is presented positively or negatively) affects our decisions. Here's the Wikipedia on the concept:Framing Effect

Offer an example of a business that appears to use framing to influence consumer decisions. Explain why this is an example of the framing effect.

6) Do you think the example you offered was effective? Why or why not?

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