behavior. Finally, in Study 4, we tested the hypothesis that self-knowledge, despite not eliminating anchoring effects, does … still attenuate anchoring. However, we found no evidence that self-knowledge reduced anchoring: subjects' judgments of their … discuss implications of these findings for research on domain knowledge and anchoring, as well as for research on the …

assimilated toward the anchor values. This effect was moderated by time limit such that the anchoring effects were larger when the …

context-specific cues (anchors), is one of the cornerstones of economic theory. We reexamined the effects of an anchoring … weaker anchoring effects. We performed the same manipulation on the evaluation of binary lotteries, and we found no anchoring … effects. This suggests limits on the robustness of strong anchoring effects. Hence, the evidence that people have "arbitrary …

Estimate bias and “no-sales” are investigated in the context of Latin American Art auctions conducted in New York … between 1977 and 1996. We find that, using a new method for calculating bias, both Sotheby's and Christie's overestimated art …

direction of the implied bias. Two results arise when the estimation accounts for the possibility of heterogeneity. First …, marginal costs become substantially more important in affecting inflation dynamics (i.e. heterogeneity induces a negative bias … an aggregation bias in any disaggregated data. …