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of WTP in the presence of starting point bias; (2) whether or not these biases depend on the distribution of WTP and on … starting point bias is complex and depends on the true distribution of WTP. Bid set dummies tend to soak up misspecifications …We examine starting point bias in CV surveys with dichotomous choice payment questions and follow-ups, and double …
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This paper proposes an ESTAR modeling framework to analyze the anchoring of inflation expectations. Anchoring criteria …
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abilities are on average less biased toward the anchor when task complexity is high. The anchoring bias in our repeated game is … forecasts, are increasingly explained as resulting from the anchoring heuristic. Nonetheless, the classical anchoring … laboratory evidence for anchoring effects. Comprising more than 5,000 individual forecasts by 455 participants, our study shows …
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