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CAN SHIP MOVE WITH LOWERED ANCHOR? EFFECTS OF FOREWARNING AND OVERCONFIDENCE ON SELF-GENERATED AND EXTERNALLY PROVIDED ANCHORS

Katarina Dudekova

First published: 2014https://doi.org/10.5593/sgemsocial2014/B11/S1.005View metrics

Abstract

Anchoring effect, systematically influence by random and uninformative starting points, is robust. In a between - subject experiment (N = 199; groups: control, anchoring, with forewarning alone, in conjunction with overconfidence note) we placed the participants in a certain numerical information and then we attempt to diminish the impact of this number of judgments about various issues they did not suffer a knowledge about. The experimental questions were sorted according to the extraction of particular anchor (self – generated or externally provided by the experimenter) and level of expertise (low or high).

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Title
CAN SHIP MOVE WITH LOWERED ANCHOR? EFFECTS OF FOREWARNING AND OVERCONFIDENCE ON SELF-GENERATED AND EXTERNALLY PROVIDED ANCHORS
Authors
Katarina Dudekova
Proceedings
Proceedings of 1st International Multidisciplinary Scientific Conference on Social Sciences and Arts SGEM2014
Publisher
STEF92 Technology
Year
2014
Pages
31-38
SWS Citekey
Dudekova201463138
ISSN
2367-5659
ISBN
978-619-7105-22-3
Language
en
Publication type
Proceedings Paper
Keywords
self-generated anchorsexternally provided anchorsreduction of the anchoring effectcognitive reflection
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