Hobson, Jessen L.; Kachelmeier, Steven J. - 2003
Evidence from an interactive experiment indicates that the tendency of users to anchor on one-sided disclosures of risk … (i.e., disclosing upside potential or downside risk, but not both) is robust to whether disclosures are determined …-sided risk disclosures are robust to a strategic environment, strategic agents can capitalize on these biases, extending the menu …