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Hannah Perfecto1, Jeff Galak2, Joseph P Simmons3
1Haas School of Business, University of California, Berkeley.
Attribute matching, a novel framing effect, enhances decision-making by aligning frame and option attributes. This leads to increased confidence and consensus through greater metacognitive ease.
Area of Science:
- Cognitive Psychology
- Decision Science
- Social Psychology
Background:
- Framing effects influence decision-making.
- Metacognitive ease impacts confidence and perceived consensus.
Purpose of the Study:
- To introduce and demonstrate the novel framing effect of attribute matching.
- To investigate how attribute matching influences decision confidence and consensus.
- To explore the mediating role of metacognitive ease and the moderating effect of attribute extremity.
Main Methods:
- Five studies involving 4,151 participants were conducted.
- Methods included judgment tasks (face attractiveness, word valence) and decision-making scenarios.
- Experimental manipulations involved matching or mismatching attributes between decision frames and options.
Main Results:
- Attribute matching significantly increased decision confidence and perceived consensus.
- Metacognitive ease was identified as a key mediator of these effects.
- The extremity of the matched attribute moderated the magnitude of the attribute matching effect.
- The effect was attenuated when participants were warned about the source of ease, supporting a misattribution account.
Conclusions:
- Attribute matching is a robust framing effect that facilitates decision-making.
- The effect operates by increasing metacognitive ease, which in turn boosts confidence and consensus.
- Attribute matching extends beyond valence to objective judgments, with implications for various decision contexts.
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