The assumption that people make decisions based on a constant set of preferences, so that choices should not depend on context-specific cues (anchors), is one of the cornerstones of economic theory. We reexamined the effects of an anchoring manipulation on the valuation of common market goods...

In a series of experiments with 375 participants, we investigate the impact of biased polls on election outcomes, when voters have the opportunity to observe and learn about the bias by playing multiple voting rounds. While in control conditions, polls are unbiased, in treatment conditions,...