Suppose the employees of Company X are randomly assigned to offices that have either a view of a park or a view of a parking lot. Knowing that all employees would prefer an office with a view of the park, the office manager asks those who were awarded an office with a view of the park how much they would have to be compensated in order to take a parking$-$lot$-$view office instead. On average, the manager finds that they would demand $$500.$

Drawing on the insights of behavioral economics, you would expect that $($on average$)$ employees who are initially assigned to parking$-$lot$-$view offices would be willing to payroughly $$500$ to get an office with a view of the park. This is an illustration offraming $.$