The anchoring effect is one of the most robust cognitive heuristics. This paper reviews the
literature in this area including various different models, explanations and underlying …

The author reviewed the research on the impact of cognitive biases on professionals'
decision-making in four occupational areas (management, finance, medicine, and law). Two …

Judicial sentencing decisions should be guided by facts, not by chance. The present
research however demonstrates that the sentencing decisions of experienced legal …

Patent trolls-patent owners whose primary business is collecting money from others that
allegedly infringe their patents-are on everyone's mind. Complaints that trolls are perverting …

Objective: We conducted a meta-analysis to examine whether numeric decision-making in
law is susceptible to the effect of (possibly arbitrary) values present in the decision contexts …

The Second Edition of The SAGE Handbook of Persuasion: Developments in Theory and
Practice provides readers with logical, comprehensive summaries of research in a wide …

Judgmental anchoring—the assimilation of a numeric estimate towards a previously
considered standard—is an exceptionally ubiquitous effect that influences human judgment …

A crisis requires the affected population, governments or non-profit organizations, as well as
crisis experts, to make urgent and sometimes life-critical decisions. With the urgency and …

Anchoring effects, the assimilation of numerical estimates to previously considered
standards, are highly robust. Two studies examined whether mood and expertise jointly …

Patent law is intended to foster the creation and distribution of new and valuable inventions.
To further that objective, patent remedies must balance three competing incentives: first …