Integrating information from multiple sources: A metacognitive account of self-generated and externally provided anchors

@article{Dowd2014IntegratingIF,
  title={Integrating information from multiple sources: A metacognitive account of self-generated and externally provided anchors},
  author={Keith W. Dowd and John V. Petrocelli and Myles T. Wood},
  journal={Thinking \& Reasoning},
  year={2014},
  volume={20},
  pages={315 - 332}
}
Estimates of unknown quantities are influenced by both self-generated anchors (SGAs) and externally provided anchors (EPAs; e.g., the advice of others). It was hypothesised that people use the degree of similarity between these anchors to render final responses. Thus we tested predictions drawn from metacognitive accounts of anchoring using procedures similar to the traditional anchoring paradigm. In a single experiment we manipulated SGA–EPA similarity, EPA level, and EPA source credibility… 

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