Framing Effect: How the Presentation of Information Influences Consumers’ Decision Making
DOI:
https://doi.org/10.61173/kb1t4h77Keywords:
Framing, Information, ConsumersAbstract
The purpose of the study is to research how the presentation of choices influences consumers’ decision making. The paper aims to research which type of presentation are more affected in consumers’ decision making. The ordinary least squares regression analysis is used to explore the relationship between the presentation of choices and the degree of intention to buy the product. The experiment finds that when the information is unclear, people’s degree of willingness is in medium to low. When the presentation is negative, people’s degree of willingness is lower. When it is positive, people’s degree of intention to buy the product is higher. The study suggests the way that different presentation of choices influence consumers’ decision making and give some suggests to consumers and businesses.