The anchoring-and-adjustment heuristic¶
Epley, N., & Gilovich, T. (2006). The anchoring-and-adjustment heuristic: Why the adjustments are insufficient. Psychological Science, 17(4), 311-318.
Cited by¶
1 citation across 1 artifact.
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Primes¶
- Anchoring
- The empirical reality is mixed: experts use anchors more informatively than novices, but both show anchoring even when anchors are demonstrably uninformative.
This sourceAdjustment from self-generated anchors terminates once a merely plausible value is reached, explaining why adjustments fall short of evidence-warranted estimates.
- The empirical reality is mixed: experts use anchors more informatively than novices, but both show anchoring even when anchors are demonstrably uninformative.
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Registry ID ref:35855b06b246 · see in the full table