Article ID Journal Published Year Pages File Type
9952864 Journal of Behavioral and Experimental Economics 2018 6 Pages PDF
Abstract
Learning quantitative subjects is perceived as a difficult process; congruently, students are often concerned about academic courses involving statistics. Simultaneously, there are a number of tools in psychology and behavioral economics, i.e. framing stimuli, which can increase the efficiency of knowledge transfer processes and level of solving new problems in a simple manner. During a basic statistics test on a group of 284 economics students, it was shown that the method of informing students that a specific problem was very simple, increased their efficiency to solve problems, compared to those who were informed that the problem was very difficult. Using 4 × 2 ANCOVA, with the level of prior knowledge in statistics as the covariant and including gender analysis into the homogeneity-of-slopes model, it was also revealed that the impact of individual framing stimuli is universal and does not depend on the level of prior knowledge of statistics.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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