anchoring phenomenon in financial decision-making. We find that contestants anchor heavily on the initial dollar value of a clue … in their wagering decision, even though there exists no rational reason to do so. More than half of all wagers occur … manifests itself among college students. Overall, our findings suggest anchoring plays a substantial role in financial decision …

recent papers: women are sensitive to the design and context of the experiment in ways that men are not. In addition, we go … further providing a well-grounded account on the importance of the context for female decision-making …