To what extent do investors in a financial market anchor their judgments? Evidence from the Hong Kong horserace betting market
A naturalistic study was employed to explore a new form of "basic anchoring." In particular, we examined the degree to which decision makers in a financial market, the horserace betting market, anchored their probability judgments excessively on a factor present in the environment at the t...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
2009-10.
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| Subjects: | |
| Online Access: | Get fulltext |