Semantic cross-scale numerical anchoring
Journal Title: Judgment and Decision Making - Year 2016, Vol 11, Issue 6
Abstract
Anchoring effects are robust, varied and can be consequential. Researchers have provided a variety of alternative explanations for these effects. More recently, it has become apparent that anchoring effects might be produced by a variety of different processes, either acting simultaneously, or else individually in distinct situations. An unresolved issue is whether anchoring, aside from simple numeric priming, can transcend scales. That is, is it necessary that the anchor value and the target judgment are expressed in the same units? Despite some theoretical predictions to the contrary, this paper demonstrates semantic cross-scale anchoring in four experiments. Such effects are important for the direction of future theorising on the causes of anchoring effects and understanding the scope of their consequences in applied domains.
Authors and Affiliations
Adam J. L. Harris and Maarten Speekenbrink
The skill element in decision making under uncertainty: Control or competence?
Many natural decisions contain an element of skill. Modern conceptions of the skill component include control (Goodie, 2003) and competence (Heath & Tversky, 1991). The control hypothesis states that a task's skill compo...
Using the ACT-R architecture to specify 39 quantitative process models of decision making
Hypotheses about decision processes are often formulated qualitatively and remain silent about the interplay of decision, memorial, and other cognitive processes. At the same time, existing decision models are specified...
Wording effects in moral judgments
As the study of moral judgments grows, it becomes imperative to compare results across studies in order to create unified theories within the field. These efforts are potentially undermined, however, by variations in wor...
Recalled emotions and risk judgments: Field study of the 2006 Israel-Lebanon War
The current study is based on a field study of the 2006 Israel-Lebanon war that was conducted in two waves, the first two weeks after the end of the war, and the second 18 months later (2008). The purpose of the study wa...
Intuitive decisions on the fringes of consciousness: Are they conscious and does it matter?
Decision making research often dichotomises between more deliberative, cognitive processes and more heuristic, intuitive and emotional processes. We argue that within this two-systems framework (e.g., Kahneman, 2002) the...