The DOI matches its Crossref record; 2 of the 2 references it cites were found in a registry or an index.
Measures of Anchoring in Estimation Tasks
Abstract
The authors describe a method for the quantitative study of anchoring effects in estimation tasks. A calibration group provides estimates of a set of uncertain quantities. Subjects in the anchored condition first judge whether a specified number (the anchor) is higher or lower than the true value before estimating each quantity. The anchors are set at predetermined percentiles of the distribution of estimates in the calibration group (15th and 85th percentiles in this study). This procedure permits the transformation of anchored estimates into percentiles in the calibration group, allows pooling of results across problems, and provides a natural measure of the size of the effect. The authors illustrate the method by a demonstration that the initial judgment of the anchor is susceptible to an anchoring-like bias and by an analysis of the relation between anchoring and subjective confidence.
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Citations
Cites
Tversky, A., & Kahneman, D. (1974) · Science · doi:10.1126/science.185.4157.1124 · Cited by 28,810
Self-citationMental contamination and mental correction: Unwanted influences on judgments and evaluations.
Wilson, T. D., & Brekke, N. (1994) · Psychological Bulletin · doi:10.1037/0033-2909.116.1.117 · Cited by 1,157
Cited by
Representativeness revisited: Attribute substitution in intuitive judgment.
Kahneman, D., & Frederick, S. (2002) · Heuristics and Biases · doi:10.1017/cbo9780511808098.004 · Cited by 3,476
Self-citationConditions for intuitive expertise: A failure to disagree.
Kahneman, D., & Klein, G. (2009) · American Psychologist · doi:10.1037/a0016755 · Cited by 2,443
Self-citationSlovic, P., Finucane, M., Peters, E., & MacGregor, D. G. (2002) · Heuristics and Biases · doi:10.1017/cbo9780511808098.025 · Cited by 2,349
Investigating Variation in Replicability: A “Many Labs” Replication Project
Klein, R. A., Ratliff, K. A., Vianello, M., Adams, R. B., Bahník, Š., Bernstein, M. J., Bocian, K., Brandt, M. J., Brooks, B., Brumbaugh, C. C., et al. (2014) · Social Psychology · doi:10.1027/1864-9335/a000178 · Cited by 1,208
Support theory: a nonextensional representation of subjective probability
Tversky, A., & Koehler, D. J. (1994) · Psychological Review · doi:10.1037/0033-295x.101.4.547 · Cited by 1,167
Metadata
- Authors
- Jacowitz, K. E., & Kahneman, D.
- Venue
- Personality and Social Psychology Bulletin
- Publisher
- SAGE Publications
- Published
- 1995-11
- Volume
- 21
- Issue
- 11
- Pages
- 1161-1166
- ISSN
- 0146-1672 (ISSN-L)
- 1552-7433
- OpenAlex
- W2147091291
- Cited by
- 746
- References
- 2
- FWCI
- 4.18
- Type
- journal article
- Language
- en
- Open access
- closed
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- Jacowitz, K. E., & Kahneman, D. (1995). Measures of Anchoring in Estimation Tasks. Personality and Social Psychology Bulletin. https://doi.org/10.1177/01461672952111004
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
