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Anchors on prices of consumer goods only hold when decisions are hypothetical

We elicit willingness to pay for different types of consumption goods, systematically manipulating irrelevant anchors (high vs. low) and incentives to provide true valuations (hypothetical questions vs. Becker-DeGroot-Marschak mechanism). On top of a strong hypothetical bias, we find that anchors on...

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Detalles Bibliográficos
Autores principales: Brzozowicz, Magdalena, Krawczyk, Michał
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Public Library of Science 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8730394/
https://www.ncbi.nlm.nih.gov/pubmed/34986164
http://dx.doi.org/10.1371/journal.pone.0262130