Andrew2 comments on Anchoring and Adjustment

2Eliezer_Yudkowsky07 September 2007 09:33PM

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Andrew208 September 2007 12:02:36AM0 points [-]

When I do this demo in class (see here for details or here for the brief version), I phrase it as "the percentage of countries in the United Nations that are in Africa." This seems less ambiguous than Kahneman and Tversky's phrasing (although, I admit, I haven't done any experiment to check). It indeed works in the classroom setting, although with smaller effects than reported by Kahneman and Tversky (see page 89 of the linked article above).