Sentencing Under Uncertainty: Anchoring Effects in the Courtroom1

By Birte Enough, Thomas Mussweiler. 2001

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Anchoring effects in world university rankings: exploring biases in reputation scores (2011, background): “Moreover, experts’ judgments are also subject to anchoring effects, such as judges and prosecutors making sentencing decisions (Englich et al. 2006; Englich and Mussweiler 2001), auditors estimating corporate fraud (Joyce and Biddle 1981), real estate agents assessing home values (Northcraft and Nea”
Moody experts — How mood and expertise influence judgmental anchoring (2009, background): “Within the domain of anchoring effects in legal decision-making, for example, Englich and her colleagues ( Englich & Mussweiler, 2001; Englich, Mussweiler & Strack, 2005; Englich et al., 2006) have repeatedly demonstrated that experienced trial judges are influenced by irrelevant anchors to similar”
The Role of Anchoring Bias in the Equity Market: Evidence from Analysts’ Earnings Forecasts and Stock Returns (2012, neutral): “Alpha is the intercept from a time-series regression based on the Fama and French (1993) three-factor model plus a Carhart (1997) momentum factor described as follows:”