Anchoring and Judgment Bias: Disregarding Under Uncertainty

• Published in: Psychological reports Vol. 125; no. 5; pp. 2688 - 2708
• Main Authors: Berg, Steven A., Moss, Justin H.
• Format: Journal Article
• Language: English
• Published: Los Angeles, CA SAGE Publications 01.10.2022
• Subjects: judgment bias; availability; disregard, cognition; Anchoring

The current investigation examined the nature of the cognitive processes that underlie decision-making behavior. The focus of this project centered on the effects of utilizing heuristics that pertain to the availability of information stored in memory. Anchoring effects demonstrate that people will...