Prospect theory

Framing effect (psychology)

The framing effect is a cognitive bias where people decide on options based on whether the options are presented with positive or negative connotations; e.g. as a loss or as a gain. People tend to avoid risk when a positive frame is presented but seek risks when a negative frame is presented. Gain and loss are defined in the scenario as descriptions of outcomes (e.g., lives lost or saved, disease patients treated and not treated, etc.). Prospect theory posits that a loss is more significant than the equivalent gain, that a sure gain (certainty effect and pseudocertainty effect) is favored over a probabilistic gain, and that a probabilistic loss is preferred to a definite loss. One of the dangers of framing effects is that people are often provided with options within the context of only one of the two frames. The concept helps to develop an understanding of frame analysis within social movements, and also in the formation of political opinion where spin plays a large role in political opinion polls that are framed to encourage a response beneficial to the organization that has commissioned the poll. It has been suggested that the use of the technique is discrediting political polls themselves. The effect is reduced, or even eliminated, if ample credible information is provided to people. (Wikipedia).

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Compton Effect or Compton Scattering (Animated Story)

https://www.patreon.com/quahntasy Help me make more of these animated videos. Compton Effect or Compton Scattering is a collision between a photon and a loosely bound electron of an atom.The Compton effect animation is an attempt to showcase this concept using a animated story. When a ligh

From playlist Amazing Physics Animations and stories

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Visit http://ilectureonline.com for more math and science lectures! In this video I will explain what is the greenhouse effect by relating our troposphere to an actual greenhouse, and a person sleeping in a sleeping bag. Next video in this series can be seen at: https://youtu.be/3dnpLIqQ

From playlist THE GREENHOUSE EFFECT

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Seeing hallucinations in the brain

Scientists induced auditory hallucinations in the brains of people in MRI machines to learn more about how they happen. Learn more: http://scim.ag/2uGL1yp Read the paper (free): http://science.sciencemag.org/content/357/6351/596

From playlist Health and disease

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10 Amazing demonstration, Magnus effect!

In this video i show magnus effect with explanation (football shoots, Flettner rotor, and basketball).

From playlist MECHANICS

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Brief overview in plain English of the differences between the types of effects. Problems with each model and how to overcome them.

From playlist Experimental Design

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is your architecture biased? the halo effect

in this video series we look at how the 12 cognitive biases can effect your software architecture and software delivery. in this video in particular we look at the halo and the horn effect and how it can particularly affect your technology choices and your software engineering teams. h

From playlist Architecture

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In this video i demonstrate photoelectric effect. I explain the effect and i show the Einstein equation! Enjoy!

From playlist ATOMIC PHYSICS

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Social Psychology Part 1: The Power of Situation and Framing

Social psychology is an enormous field, which studies how people's thoughts, feelings, and beliefs are constructed within the context of interactions with other members of society. Why do we act differently around different people? How do we develop and maintain our belief systems? What is

From playlist Psychology

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Mandela Effect: The science behind our collective false memories

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From playlist Theory to Reality

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From playlist Introduction to Psychology with Paul Bloom

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From playlist SciShow Psych

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Segmenting and Connecting: From Event Perception to Comics

(October 23, 2009) Barbara Tversky, Professor at Stanford and Columbia University, discusses how visual narratives use visual devices to form a visual vocabulary by breaking up time and space, showing space and time, and linking time and space. Stanford University: http://www.stanford.

From playlist Lecture Collection | Human-Computer Interaction Seminar (2009-2010)

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Experts in Emotion 14.2 -- Kevin Ochsner on Emotion Regulation and the Brain

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From playlist Experts in Emotion Series with June Gruber

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Social Psychology Part 2: The Privileged Self

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From playlist Psychology

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Prospect Theory and Stock Market Anomalies - L. Jin - 1/31/2020

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From playlist HSS Caltech + Finance 2020

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Health Behaviors, Part 2 || Health Psychology (PSY 260)

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From playlist Health Psychology Lectures

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From playlist Physics - Waves

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From playlist Psych 9B: Psych Fundamentals

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From playlist Physics - Waves

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Immersive Virtual Reality and 3D Interaction for Task Performance and Embodiment

From the Interactive Media & Games Seminar Series; Bireswar Laha, from the Virtual Human Interaction Lab at Stanford University examines how VR leverages immersive hardware components to create an alternate environment for the viewer. This alternate world has 'avatars' (virtual representat

From playlist Interactive Media & Games Seminars FALL 2015

Related pages

Thinking, Fast and Slow | Certainty effect | Prospect theory | Status quo bias | Extensionality | Pseudocertainty effect | Fuzzy-trace theory | Opinion poll | Cognitive bias | Framing (social sciences)