JOURNAL ARTICLE

Assimilation to External Cues: Comparing the Reliability of Anchoring Effects, Advice Taking, and Hindsight Bias and Exploring its Determinants.

  • Published In: Psychology & Psychiatry Journal, 2026. P. 65 1 of 2

  • Database: Psychology Source 2 of 2

Abstract

The article focuses on the influence of external values on people's quantitative estimates, specifically examining three phenomena: anchoring effects, advice taking, and hindsight bias. It highlights that these effects are assimilative, meaning estimates tend to align with external values, and notes their varying reliability, with anchoring being the least reliable and advice taking the most reliable. The research involved two studies that compared the reliability of these phenomena using open data and a controlled experimental design. The findings indicate that while methodological factors affect variability, they do not fully account for the differences in reliability among the phenomena. [Extracted from the article]

Additional Information

  • Source:Psychology & Psychiatry Journal. 2026/02, p65
  • Document Type:Article
  • Subject Area:Psychology
  • Publication Date:2026
  • ISSN:1944-2718
  • Accession Number:191709878
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