References
[1]. Birz, G., Dutta, S., & Yu, H. (2021). Economic forecasts, anchoring bias, and stock returns. Financial Management, 51(1), 169–191. https://doi.org/10.1111/fima.12355.
[2]. Campbell, S. D., & Sharpe, S. A. (2009). Anchoring bias in consensus forecasts and its effect on market prices. Journal of Financial and Quantitative Analysis, 44(2), 369–390. https://doi.org/10.1017/s0022109009090127.
[3]. Eysenck, H. J. (1966). Adaptation-level theory: An experimental and systematic approach to behavior. Behaviour Research and Therapy, 4(1-2), 69. https://doi.org/10.1016/0005-7967(66)90044-1.
[4]. Frykblom, P., & Shogren, J. F. (2000). An Experimental Testing of Anchoring Effects in Discrete Choice Questions. Environmental and Resource Economics, 16(3), 329–341. https://doi.org/10.1023/a:1008388421810.
[5]. Furnham, A., & Boo, H. C. (2011). A literature review of the anchoring effect. The Journal of Socio-Economics, 40(1), 35–42. https://doi.org/10.1016/j.socec.2010.10.008.
[6]. Maniadis, Z., Tufano, F., & List, J. A. (2014). One swallow doesn't make a summer: New evidence on anchoring effects. American Economic Review, 104(1), 277–290. https://doi.org/10.1257/aer.104.1.277.
[7]. Mussweiler, T., & Englich, B. (2005). Subliminal anchoring: Judgmental consequences and underlying mechanisms. Organizational Behavior and Human Decision Processes, 98(2), 133–143. https://doi.org/10.1016/j.obhdp.2004.12.002.
[8]. Tversky, A., & Kahneman, D. (1974). Judgment under uncertainty: Heuristics and biases. Science, 185(4157), 1124–1131. https://doi.org/10.1126/science.185.4157.1124.
[9]. Tversky, A., & Kahneman, D. (1982). Judgment under uncertainty: Heuristics and Biases. Judgment under Uncertainty, 3–20. https://doi.org/10.1017/cbo9780511809477.002.
[10]. Wansink, B., Kent, R. J., & Hoch, S. J. (1998). An anchoring and adjustment model of purchase quantity decisions. Journal of Marketing Research, 35(1), 71. https://doi.org/10.2307/3151931.
Cite this article
Huang,J. (2023). The Anchoring Effect and Related Applications: Cognitive Inertia and Habitual Thinking. Advances in Economics, Management and Political Sciences,11,71-74.
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References
[1]. Birz, G., Dutta, S., & Yu, H. (2021). Economic forecasts, anchoring bias, and stock returns. Financial Management, 51(1), 169–191. https://doi.org/10.1111/fima.12355.
[2]. Campbell, S. D., & Sharpe, S. A. (2009). Anchoring bias in consensus forecasts and its effect on market prices. Journal of Financial and Quantitative Analysis, 44(2), 369–390. https://doi.org/10.1017/s0022109009090127.
[3]. Eysenck, H. J. (1966). Adaptation-level theory: An experimental and systematic approach to behavior. Behaviour Research and Therapy, 4(1-2), 69. https://doi.org/10.1016/0005-7967(66)90044-1.
[4]. Frykblom, P., & Shogren, J. F. (2000). An Experimental Testing of Anchoring Effects in Discrete Choice Questions. Environmental and Resource Economics, 16(3), 329–341. https://doi.org/10.1023/a:1008388421810.
[5]. Furnham, A., & Boo, H. C. (2011). A literature review of the anchoring effect. The Journal of Socio-Economics, 40(1), 35–42. https://doi.org/10.1016/j.socec.2010.10.008.
[6]. Maniadis, Z., Tufano, F., & List, J. A. (2014). One swallow doesn't make a summer: New evidence on anchoring effects. American Economic Review, 104(1), 277–290. https://doi.org/10.1257/aer.104.1.277.
[7]. Mussweiler, T., & Englich, B. (2005). Subliminal anchoring: Judgmental consequences and underlying mechanisms. Organizational Behavior and Human Decision Processes, 98(2), 133–143. https://doi.org/10.1016/j.obhdp.2004.12.002.
[8]. Tversky, A., & Kahneman, D. (1974). Judgment under uncertainty: Heuristics and biases. Science, 185(4157), 1124–1131. https://doi.org/10.1126/science.185.4157.1124.
[9]. Tversky, A., & Kahneman, D. (1982). Judgment under uncertainty: Heuristics and Biases. Judgment under Uncertainty, 3–20. https://doi.org/10.1017/cbo9780511809477.002.
[10]. Wansink, B., Kent, R. J., & Hoch, S. J. (1998). An anchoring and adjustment model of purchase quantity decisions. Journal of Marketing Research, 35(1), 71. https://doi.org/10.2307/3151931.