Framing effect: how the way information is framed impacts our decisions - Deepstash
Framing effect: how the way information is framed impacts our decisions

Framing effect: how the way information is framed impacts our decisions

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Framing effect: how the way information is framed impacts our decisions

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The framing effect

The framing effect is a cognitive bias where people decide on options based on whether they are presented in a positive or negative way. Do you prefer your yoghurt with 10% fat or 90% fat-free?

Knowing about the framing effect is vital. It is one of the most significant biases in decision making and particularly important in health care and financial decisions.

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The framing effect happens when decision-makers choose opposite solutions for identical problems based on how the issues are presented to them.
For example:

  • Time and money management: A study found that 93% of students registered early when presented with a penalty fee for late registration, vs 67% doing so when it was presented as a discount for early registration.
  • Economics: More people will support an economic policy where the employment rate is highlighted (10% employment rate) than if the unemployment rate is emphasised (90% unemployment rate).

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  • Consider the current frame: Be aware of marketing language when you are shopping for a product.
  • Reverse the frame: Take the current frame and state it in the opposite way.
  • Reframe the options: There may be more than two alternatives. Would it result in a loss, a gain, or a neutral impact?
  • Think like an outsider: It can help you to be as impartial as possible. What if the decision did not personally impact you?
  • Take your time: Studies show that thinking fast increases your chance of falling prey to the framing effect.

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nesslabs

Ness Labs provides content, coaching, courses and community to help makers put their minds at work. Apply evidence-based strategies to your daily life, discover the latest in neuroscience research, and connect with fellow curious minds.