Memory & AttentionBias #11

Framing Effect

Presentation changes how a choice feels.

Different presentations of the same information lead to different decisions, even when the underlying facts are identical.

Why it matters: Classic Kahneman and Tversky study. Demonstrates that preferences are not stable but depend on how options are described.

Watch for

Reacting to wording before checking the underlying facts.

Try this

Rewrite the choice in neutral terms and compare again.

Real-world example

A treatment described as having a "90% survival rate" feels better than one with a "10% mortality rate."

Key researchers

Daniel Kahneman, Amos Tversky

First described in 1981

Psychological mechanism

Prospect Theory. Human decision-making is heavily asymmetrical. We are fundamentally risk-averse when choices are framed in terms of guaranteed gains, but we become highly risk-seeking when identical choices are framed in terms of avoiding potential losses.

Seminal research

Amos Tversky and Daniel Kahneman (1981), "The framing of decisions and the psychology of choice" (The seminal "Asian Disease Problem" experiment).