Abstract
This study investigates the effect of time pressure on decision framing. Tversky and Kahneman (1981) introduced the term decision frame for a decision maker’s representation of a decision problem including acts outcomes and contingencies associated with different alternatives (cf. Tversky & Kahneman, 1981). They showed that different decision frames can be induced from the same factual information. Two versions of a particular decision problem may be constructed that are formally identical, yet the wording of each is slightly different by emphasizing either the gains or the losses.
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© 1993 Springer Science+Business Media New York
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Svenson, O., Benson, L. (1993). Framing and Time Pressure in Decision Making. In: Svenson, O., Maule, A.J. (eds) Time Pressure and Stress in Human Judgment and Decision Making. Springer, Boston, MA. https://doi.org/10.1007/978-1-4757-6846-6_9
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DOI: https://doi.org/10.1007/978-1-4757-6846-6_9
Publisher Name: Springer, Boston, MA
Print ISBN: 978-1-4419-3233-4
Online ISBN: 978-1-4757-6846-6
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