文章基本信息

标题：The Role of Anchoring Bias on Economic and Financial Knowledge: A Study Based on Business Graduates
本地全文：下载
作者：KALIMULLAH BHAT ; GHULAM NABI ; NAVEEDA ZEB 等
期刊名称：International Review of Management and Business Research
印刷版ISSN：2307-5953
电子版ISSN：2306-9007
出版年度：2021
卷号：10
期号：1
页码：259-267
DOI：10.30543/10-1(2021)-22
语种：English
出版社：Academy of IRMBR
摘要：The purpose of this study is to determine the role of anchoring bias in the economic and financial information. An experiment involving the business students is carried out by providing them information about recent economic and financial anchors about stock market, index returns, inflation and exchange rates in groups where one groups is exposed to some relevant anchors. In the first group, which is the “control group” the participants were given no relevant information and were asked to give their best estimate for all the respective indicators. In the second group the “anchoring group” participants were asked the same questions but are provided indicator anchors to deduce their anchoring estimates, for instance the current value of KSE-100 index is provided, and the respondents were asked to predict the current value of KSE-30 index. The results show that there is significant degree of anchoring bias for each of the questions and it is higher for males as compare to females. Similarly, the respondents when exposed to relevant anchors show significant anchoring bias than for irrelevant anchors.
关键词：Anchoring Bias;Relevant Anchoring;Irrelevant Anchoring;Perceived Relevance;Financial Indicators