Aprahamian, Frédéric; Chanel, Olivier; Luchini, Stéphane - In: American Journal of Agricultural Economics 89 (2007) 2, pp. 533-547
Up to now, the starting point bias has generally been considered to be a homogeneous phenomenon. In this article, we treat anchoring as an unobserved heterogeneous phenomenon. Our contribution is twofold. First, we show analytically and by way of simulations that assuming homogeneous anchoring...
