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Boshoff, Willem H.; Paha, Johannes - In: Journal of Industry, Competition and Trade 21 (2021) 3, pp. 393-409

suggesting that a combination of anchoring, orientation on reference points, and loss aversion may render list price collusion …

Persistent link: https://www.econbiz.de/10014501738

Anchoring of Consumers Inflation Expectations: Evidence from Microdata

Dräger, Lena; Lamla, Michael J. - 2013

In this paper we explore the degree of anchoring of consumers' long-run inflation expectations. If expectations are … stance have a detrimental effect on the anchoring of long-run expectations. This effect is no longer present in the post-1996 …

Persistent link: https://www.econbiz.de/10010420828

The impact of the irrelevant: Temporary buy-options and bidding behavior in auctions

Peeters, Ronald; Strobel, Martin; Vermeulen, Dries; … - In: Games 7 (2016) 1, pp. 1-19

). The latter suggests a particular type of anchoring, where bidders use the buy-price to update their expectations about the …

Persistent link: https://www.econbiz.de/10011709877

Detecting Starting Point Bias in Dichotomous-Choice Contingent Valuation Surveys

Veronesi, Marcella; Alberini, Anna; Cooper, Joseph C. - 2005

We examine starting point bias in CV surveys with dichotomous choice payment questions and follow-ups, and double-bounded models of the WTP responses. We wish to investigate (1) the seriousness of the biases for the location and scale parameters of WTP in the presence of starting point bias; (2)...

Persistent link: https://www.econbiz.de/10010312398

Anchoring: A valid explanation for biased forecasts when rational predictions are easily accessible and well incentivized?

Meub, Lukas; Proeger, Till; Bizer, Kilian - 2013

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 … significant anchoring effects. Without monetary incentives, the share of rational predictions drops from 42% to 15% in the anchor …

Persistent link: https://www.econbiz.de/10010317868

Anchoring of consumers' inflation expectations: Evidence from microdata

Dräger, Lena; Lamla, Michael J. - 2013

In this paper we explore the degree of anchoring of consumers' long-run inflation expectations. If expectations are … monetary policy stance have a detrimental effect on the anchoring of long-run expectations. This effect is no longer present in …

Persistent link: https://www.econbiz.de/10010319711

Assessing the anchoring of inflation expectations

Strohsal, Till; Winkelmann, Lars - 2012

This paper proposes an ESTAR modeling framework to analyze the anchoring of inflation expectations. Anchoring criteria …

Persistent link: https://www.econbiz.de/10010281520

The Inflation Expectations of U.S. Firms: Evidence from a New Survey

Candia, Bernardo; Coibion, Olivier; Gorodnichenko, Yuriy - 2021

Introducing a new survey of U.S. firms' inflation expectations, we document key stylized facts involving what U.S. firms know and expect about inflation and monetary policy. The resulting time series of firms' inflation expectations displays unique dynamics, distinct from those of households and...

Persistent link: https://www.econbiz.de/10012597524

Seemingly incidental anchoring : the effect of incidental environmental anchors on consumers’ willingness to pay

Dogerlioglu-Demir, Kivilcim; Koçaş, Cenk - In: Marketing letters : a journal of research in marketing 26 (2015) 4, pp. 607-618

Persistent link: https://www.econbiz.de/10011399141

Venture capital valuation, partial adjustment, and underpricing : behavioral bias or information production?

Jindra, Jan; Leshchinskii, Dima - In: The financial review : the official publication of the … 50 (2015) 2, pp. 173-219

Persistent link: https://www.econbiz.de/10011282743