Numeric judgments under uncertainty: the role of knowledge in anchoring

Article Abstract:

This article investigates the impact of anchoring effects, or the cognitive bias caused by assimilating a numeric standard, on the accuracy of numeric judgements. Results indicate that the magnitude of anchoring effects are mediated by the plausibility of the numeric anchor and the individual's level of uncertainty about the judgment.

Germany, Statistical Data Included, Decision-making, Decision making, Cognition, Knowledge, Theory of, Epistemology, Uncertainty

---

Considering the impossible: explaining the effects of implausible anchors

Article Abstract:

Implausible anchors have large effects on judgment, a phenomenon involving the adjustment of a numerical estimate in the direction of a previously considered (implausible) value. Different psychological mechanisms may contribute to the effect.

Possibility

---

Hypothesis-consistent testing and semantic priming in the anchoring paradigm: a selective accessibility model

Article Abstract:

An explanation of the anchoring effect was made by drawing the general principles of semantic priming and hypothesis-consistent testing. The Selective Accessibility Model suggested that a hypothesis-consistent test strategy is what judges use in solving a comparative anchoring task. However, the findings suggested that the distortion of the subsequent absolute judgment was affected by the use of this strategy. Furthermore, the idea that the mechanisms of hypothesis-consistent testing and semantic priming mediate anchoring effects was also supported by the findings.

Research, Testing, Information services, Semantics, Priming (Psychology), Selective dissemination of information, Hypothesis, Hypothesis (Logic)

Similar abstracts:

• Abstracts: Automatic stereotypes vs. automatic prejudice: sorting out the possibities in the Payne (2001) weapon paradigm
• Abstracts: Implications of attitude change theories for numerical anchoring: anchor plausibility and the limits of anchor effectiveness
• Abstracts: The roles of alcohol and alcohol expectancy in the dampening of responses to hyperventilation among high anxiety sensitive young adults
• Abstracts: Stage of change, decisional balance, and temptations for smoking: measurement and validation in a large, school-based population of adolescents
• Abstracts: Individual differences in childhood neurobehavior disinhibition predict decision to desist substance use during adolescence and substance use disorder in young adulthood: A prospective study

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.