The robustness of anchoring effects on preferential judgments
Abstract
Anchoring has been shown to influence numeric judgments in various domains, including preferential judgment tasks. Whereas many studies and a recent Many Labs project have shown robust effects in classic anchoring tasks, studies of anchoring effects on preferential judgments have had inconsistent results. In this paper, we investigate the replicability and robustness of anchoring on willingness-to-pay, which is a widely used measure for consumer...
Paper Details
Title
The robustness of anchoring effects on preferential judgments
Published Date
Jul 1, 2019
Journal
Volume
14
Issue
4
Pages
470 - 487
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