Questions: Identify each statement as framing a choice using loss aversion, maintenance of the status quo, or neither. This is the only model of implant available. Would you like to opt out of being an organ donor? This option guarantees that 30 percent of the people will survive. All the options are covered by your insurance. This surgery has a 40 percent survival rate.

Identify each statement as framing a choice using loss aversion, maintenance of the status quo, or neither.

This is the only model of implant available.
Would you like to opt out of being an organ donor?
This option guarantees that 30 percent of the people will survive.
All the options are covered by your insurance.
This surgery has a 40 percent survival rate.

Transcript text: Identify each statement as framing a choice using loss aversion, maintenance of the status quo, or neither. This is the only model of implant available. Would you like to opt out of being an organ donor? This option guarantees that 30 percent of the people will survive. All the options are covered by your insurance. This surgery has a 40 percent survival rate.

Solution

Solution Steps

Step 1: Identify the first statement

Statement: "This is the only model of implant available."
Category: Neither
Reasoning: This statement is simply providing information about the availability of the implant model and does not frame a choice in terms of loss aversion or maintenance of the status quo.

Step 2: Identify the second statement

Statement: "Would you like to opt out of being an organ donor?"
Category: Maintenance of status quo
Reasoning: This statement frames the choice in a way that assumes the default is to be an organ donor, and opting out would change the status quo.

Step 3: Identify the third statement

Statement: "This option guarantees that 30 percent of the people will survive."
Category: Loss aversion
Reasoning: This statement emphasizes the survival rate, which can be seen as a way to avoid the loss of life, thus framing the choice in terms of loss aversion.

Final Answer

"This is the only model of implant available." - Neither
"Would you like to opt out of being an organ donor?" - Maintenance of status quo
"This option guarantees that 30 percent of the people will survive." - Loss aversion

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