Week 5

This week lecture was about framing and the paper I had to read was Gain-Loss Framing and Choice: Separating Outcome Formulations from Descriptor Formulations. First when I read this paper I thought it was not that hard to understand and I thought I understood everything. When it came to discussing and preparing information on the overhead paper, I found it hard for me to write down the important information and that I actually did not fully understood the paper. I think discussing the paper in class with the group members is a good idea because I find it useful and easier to understand the paper. It is sometimes hard to understand every important detail therefore discussing it may help.

I found Tversky and Kahneman experiment on the disease problem interesting and it is easy to remember. It is easy to remember because it relates to real life situations, even though the situation created may not happen but I could imagine it. I found the result most interesting because if taking more time to read the questions, they actually are the same but participant chose more of a positive effect. The first time I read the questions, I think I would choose the same as most of the participant did because I would choose people being saved rather than people being killed. I understood why participant would choose A and D but not A and C. Even though A and C are the same but the wording is different therefore affects participant’s decision on choosing their answer. After reading the disease problem I can see the relevant in Mandel’s follow up experiment because in Tversky and Kahneman’s disease problem experiment, there are problems with the wording and therefore may affect others decision. Reading Mandel’s paper I got somehow confused with his experiments but after discussing it in class I tend to get the main point and did understand the results.

Since it is getting closer to week 7, I’m a bit worried about the first assignment which is the first Wiki webpage we are supposed to create. I’m worried because none of us have done a Wiki before therefore is new to us and not sure where to start. We have somehow decided what topic we will be doing it on and hopefully we can all work well together.