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Is 7300 m Equal to 7.3 km? Same Semantics but Different Anchoring Effects

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  • Wong, Kin Fai Ellick
  • Kwong, Jessica Yuk Yee

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  • Wong, Kin Fai Ellick & Kwong, Jessica Yuk Yee, 2000. "Is 7300 m Equal to 7.3 km? Same Semantics but Different Anchoring Effects," Organizational Behavior and Human Decision Processes, Elsevier, vol. 82(2), pages 314-333, July.
    • Handle: RePEc:eee:jobhdp:v:82:y:2000:i:2:p:314-333
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    References listed on IDEAS

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    1. Kristensen, Henrik & Garling, Tommy, 1997. "The Effects of Anchor Points and Reference Points on Negotiation Process and Outcome," Organizational Behavior and Human Decision Processes, Elsevier, vol. 71(1), pages 85-94, July.
    2. Davis, Harry L & Hoch, Stephen J & Ragsdale, E K Easton, 1986. "An Anchoring and Adjustment Model of Spousal Predictions," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 13(1), pages 25-37, June.
    3. Pohl, Rudiger F. & Hell, Wolfgang, 1996. "No Reduction in Hindsight Bias after Complete Information and Repeated Testing," Organizational Behavior and Human Decision Processes, Elsevier, vol. 67(1), pages 49-58, July.
    4. Svenson, Ola, 1985. "Cognitive strategies in a complex judgment task: Analyses of concurrent verbal reports and judgments of cumulated risk over different exposure times," Organizational Behavior and Human Decision Processes, Elsevier, vol. 36(1), pages 1-15, August.
    5. Northcraft, Gregory B. & Neale, Margaret A., 1987. "Experts, amateurs, and real estate: An anchoring-and-adjustment perspective on property pricing decisions," Organizational Behavior and Human Decision Processes, Elsevier, vol. 39(1), pages 84-97, February.
    6. Hinsz, Verlin B. & Kalnbach, Lynn R. & Lorentz, Nichole R., 1997. "Using Judgmental Anchors to Establish Challenging Self-Set Goals Without Jeopardizing Commitment," Organizational Behavior and Human Decision Processes, Elsevier, vol. 71(3), pages 287-308, September.
    7. Chapman, Gretchen B. & Johnson, Eric J., 1999. "Anchoring, Activation, and the Construction of Values, , , , , ," Organizational Behavior and Human Decision Processes, Elsevier, vol. 79(2), pages 115-153, August.
    8. Schkade, David A. & Johnson, Eric J., 1989. "Cognitive processes in preference reversals," Organizational Behavior and Human Decision Processes, Elsevier, vol. 44(2), pages 203-231, October.
    9. Switzer, Fred S. & Sniezek, Janet A., 1991. "Judgment processes in motivation: Anchoring and adjustment effects on judgment and behavior," Organizational Behavior and Human Decision Processes, Elsevier, vol. 49(2), pages 208-229, August.
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    Cited by:

    1. Mussweiler, Thomas & Strack, Fritz, 2001. "The Semantics of Anchoring," Organizational Behavior and Human Decision Processes, Elsevier, vol. 86(2), pages 234-255, November.
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    3. Štěpán Bahník, 2021. "Anchoring without scale distortion," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 16(1), pages 131-141, January.
    4. Hung, Hui-Hsi & Cheng, Yin-Hui & Chuang, Shih-Chieh & Yu, Annie Pei-I & Lin, Yu-Ting, 2021. "Consistent price endings increase consumers perceptions of cheapness," Journal of Retailing and Consumer Services, Elsevier, vol. 61(C).
    5. Hsin-Hsien Liu & Hsuan-Yi Chou, 2022. "Attribute specification effect on hedonic and utilitarian options," Australian Journal of Management, Australian School of Business, vol. 47(2), pages 322-341, May.
    6. repec:cup:judgdm:v:14:y:2019:i:6:p:711-720 is not listed on IDEAS
    7. Štěpán Bahník & Petr Houdek & Lucie Vrbová & Jiří Hájek, 2019. "Variations on anchoring: Sequential anchoring revisited," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 14(6), pages 711-720, November.
    8. Mussweiler, Thomas & Englich, Birte, 2005. "Subliminal anchoring: Judgmental consequences and underlying mechanisms," Organizational Behavior and Human Decision Processes, Elsevier, vol. 98(2), pages 133-143, November.
    9. Brady, Garrett L. & Inesi, M. Ena & Mussweiler, Thomas, 2021. "The power of lost alternatives in negotiations," Organizational Behavior and Human Decision Processes, Elsevier, vol. 162(C), pages 59-80.
    10. Ünveren, Burak & Baycar, Kazım, 2019. "Historical evidence for anchoring bias: The 1875 cadastral survey in Istanbul," Journal of Economic Psychology, Elsevier, vol. 73(C), pages 1-14.
    11. M. Pandelaere & B. Briers, 2011. "How to Make a 29% Increase Look Bigger: Numerosity Effects in Option Comparisons," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 11/712, Ghent University, Faculty of Economics and Business Administration.
    12. Roy, Rajat & Das, Gopal, 2022. "The role of contextual factors in increasing Pay-What-You-Want payments: Evidence from field experiments," Journal of Business Research, Elsevier, vol. 139(C), pages 1540-1552.
    13. Mochon, Daniel & Frederick, Shane, 2013. "Anchoring in sequential judgments," Organizational Behavior and Human Decision Processes, Elsevier, vol. 122(1), pages 69-79.

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