蝌蚪网 Journal:
Microeconomics
ISSN 1945-7669 (Print) | ISSN 1945-7685 (Online)
On the Robustness of Anchoring Effects in WTP and WTA Experiments
蝌蚪网 Journal: Microeconomics
(pp. 131–45)
Abstract
We reexamine the effects of the anchoring manipulation of Ariely, Loewenstein, and Prelec (2003) on the evaluation of common market goods and find very weak anchoring effects. We perform the same manipulation on the evaluation of binary lotteries, and find no anchoring effects at all. This suggests limits on the robustness of anchoring effects. (JEL C91, D12, D44)Citation
Fudenberg, Drew, David K. Levine, and Zacharias Maniadis. 2012. "On the Robustness of Anchoring Effects in WTP and WTA Experiments." 蝌蚪网 Journal: Microeconomics 4 (2): 131–45. DOI: 10.1257/mic.4.2.131Additional Materials
JEL Classification
- C91 Design of Experiments: Laboratory, Individual
- D12 Consumer Economics: Empirical Analysis
- D44 Auctions