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- W2243993502 endingPage "149" @default.
- W2243993502 startingPage "139" @default.
- W2243993502 abstract "In what year was George Washington elected President? What is the freezing point of vodka? Few people know the answers to these questions, but most can arrive at a reasonable estimate by tinkering with a value they know is wrong. Most know that the United States declared its independence in 1776, so Washington must have been elected sometime after that. And most people also know that alcohol freezes at a lower temperature than water, so vodka must freeze at something colder than 32°F. To answer questions like these, in other words, people may spontaneously anchor on information that readily comes to mind and adjust their responses in a direction that seems appropriate, using what Tversky and Kahneman (1974) called the anchoring and adjustment heuristic. Although this heuristic is often helpful, adjustments tend to be insufficient, leaving people's final estimates biased toward the initial anchor value." @default.
- W2243993502 created "2016-06-24" @default.
- W2243993502 creator A5028622642 @default.
- W2243993502 creator A5040887991 @default.
- W2243993502 date "2002-07-08" @default.
- W2243993502 modified "2023-09-26" @default.
- W2243993502 title "Putting Adjustment Back in the Anchoring and Adjustment Heuristic" @default.
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