Multiple Choice
Which of the following statements about the framing effect is false?
A) The framing effect violates the invariance principle.
B) In the framing effect, preferences are said to have "reference dependence."
C) When people think of decisions in terms positive outcomes they tend to be risk seeking.
D) The framing effect can be seen across a wide variety of decision contexts.
E) The framing effect can cause preference reversals.
Correct Answer:

Verified
Correct Answer:
Verified
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