February 11, 2010 Fili No Comments
The following post is a review/critique of :
Wong, K. F. E., & Kwong, J. Y. Y. (2000). Is 7300 m equal to 7.3 km? Same semantics but different anchoring effects. Organizational Behavior and Human Decision Processes, 82 (2), 314-333.

The article aims to clarify some of the confusing finds regarding anchoring effects. Although the research on this phenomenon is quite extensive, there are quite a few contradicting results suggesting that there is still much to be explained about the inner-workings of anchoring. The authors identified a few areas that required clarifications, and based on their interpretation of prior research theorized and investigated anchoring effects by constructing relevant experiments.
The article was able to demonstrate some of the theorized mechanisms underlying anchoring effect. It showed that – (1) anchoring is not semantic, but rather effected by absolute value that disregards measurement indicator postfix, (2) same anchor can serve as a high or low anchor based on the comparison required, and (3) anchoring refers to absolute value, disregarding the plus-minus prefix.
Overall, I find the article convincing. The strength of the article seems in the comprehensiveness and construct of the methods rather than the theoretical contributions, which is perhaps understandable in such a thoroughly investigated area where clarifications, rather than contributions, are needed. Yet the combination of effects shown constitutes for a significant contribution by laying out a clear overall framework for anchoring.
Not being very familiar with this area, I would only raise a few minor issues :
It might be interesting to try and understand what happens with the not-so-small group of people who made mistakes in comparison and were cleared from the findings. Why are those participants making those mistakes, and what kind of mistakes they’re making. Since we’re discussing biases then why are those subjects removed?