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Unformatted text preview: in positive frame while risky ones in negative frames. The cognitive reflection test (CRT) reveals whether a person is an intuitive thinker or analytical thinker, an impulsive thinker will instantly give an answer while an analytical thinker will take time to determine the correct answer. Based on a study by Shane Frederick, who created the CRT test, he found out that analytical thinkers and intuitive thinker will switch selections based on framework even with some results. People with opt-in pension plans or 401 k will have a higher percentage of not participating if they are overwhelmed with the amount of mutual funds offered....
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This note was uploaded on 09/13/2011 for the course FIN 250 taught by Professor Johansen during the Fall '10 term at Boise State.
- Fall '10