Framing and Bias: A Literature Review of Recent Findings
Open Access
- 19 June 2018
- journal article
- review article
- Published by Masaryk University Press in Central European Journal of Management
- Vol. 3 (2)
- https://doi.org/10.5817/cejm2016-2-2
Abstract
Framing bias is an individual decision-making misconception caused by the fact that a person interprets the surrounding world according to a decision frame chosen by her or his subjective opinion. This article aims to review various kinds of factors that cause and affect framing or lead to debiasing, i.e. a decrease in the resulting framing bias. The objective of the study is carried out using a literature review that analyzes recent empirical studies. As a result, numerous factors are identified that according to the studies have an impact on framing. It transpires that four broader groups of these factors can be established – decision situation setup (amount of information, additional presentation of options), experience (knowledge, engagement), effort (attention, complexity, the amount of information to process) and demographics (gender, nationality).Keywords
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