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A demonstration of the meta-studies methodology using the risky-choice framing effect

Rubinchik, Nataliya
http://rave.ohiolink.edu/etdc/view?acc_num=osu1574201911927335

Abstract Details

2019, Master of Arts, Ohio State University, Psychology.
A meta-study is a collection of many very small studies, called micro-studies, based on one core design. Meta-studies address many disadvanta7ges of meta-analyses and provide a possible solution for the replication crisis in research. In addition to addressing the problems related to meta-analyses, meta-studies provide several unique advantages to conducting research, specifically by testing the limits of generalizability and by having higher statistical power than a traditional design of the same total sample size. As a demonstration of the methodology, we conducted two meta-studies of the risky-choice gain-loss framing effect. In addition to replicating many past findings involving the framing effect, we also found two novel results, one of which was particularly surprising. One novel result was the nonlinear moderation of the framing effect by extreme probabilities (e.g., 1% and 99%). Participants were less likely to exhibit the framing effect when presented with extreme probabilities than when presented with moderate probabilities. The surprising novel result was that the framing effect doubled in size when participants were presented with a slightly risky option instead of a certain option. This result is contradictory to both Prospect Theory and Fuzzy Trace Theory predictions.
Michael DeKay (Advisor)
Paul De Boeck (Committee Member)
Ellen Peters (Committee Member)
104 p.
Psychology
decision making; judgment; frame; framing effect; prospect theory; fuzzy trace theory; meta study

Recommended Citations

Citations

  • Rubinchik, N. (2019). A demonstration of the meta-studies methodology using the risky-choice framing effect [Master's thesis, Ohio State University]. OhioLINK Electronic Theses and Dissertations Center. http://rave.ohiolink.edu/etdc/view?acc_num=osu1574201911927335

    APA Style (7th edition)

  • Rubinchik, Nataliya. A demonstration of the meta-studies methodology using the risky-choice framing effect. 2019. Ohio State University, Master's thesis. OhioLINK Electronic Theses and Dissertations Center, http://rave.ohiolink.edu/etdc/view?acc_num=osu1574201911927335.

    MLA Style (8th edition)

  • Rubinchik, Nataliya. "A demonstration of the meta-studies methodology using the risky-choice framing effect." Master's thesis, Ohio State University, 2019. http://rave.ohiolink.edu/etdc/view?acc_num=osu1574201911927335

    Chicago Manual of Style (17th edition)

osu1574201911927335
297
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This open access ETD is published by The Ohio State University and OhioLINK.