To what extent do investors in a financi
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Johnnie Eric Victor Johnson; Adi Schnytzer; Shuang Liu
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Article
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2009
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John Wiley and Sons
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English
β 206 KB
## Abstract A naturalistic study was employed to explore a new form of βbasic anchoring.β 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 th