Precision of the Anchor Influences the Amount of Adjustment

@article{Janiszewski2008PrecisionOT,
  title={Precision of the Anchor Influences the Amount of Adjustment},
  author={Chris Janiszewski and Daniella Megan S. Uy},
  journal={Psychological Science},
  year={2008},
  volume={19},
  pages={121 - 127}
}
The anchoring-and-adjustment heuristic has been used to account for a wide variety of numerical judgments. Five studies show that adjustment away from a numerical anchor is smaller if the anchor is precise than if it is rounded. Evidence suggests that precise anchors, compared with rounded anchors, are represented on a subjective scale with a finer resolution. If adjustment consists of a series of iterative mental movements along a subjective scale, then an adjustment from a precise anchor… Expand
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