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"anchoring" phenomenon in the field. The first experiment produces evidence that inexperienced consumers can be anchored in the … experiment finds that anchors have only transient effects on prices and quantities traded: aggregate market outcomes converge to …
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-dependent preferences. Departing from past work, we conduct complementary experiments to disentangle expectations — verified probabilistic …
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We use a laboratory experiment to examine whether and to what extent other-regarding preferences of team leaders …
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Some researchers have argued that anchoring in economic valuations casts doubt on the assumption of consistent and stable preferences. We present new evidence that questions the robustness of certain anchoring results. We then present a theoretical framework that provides insights into why we...
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