Social Studies
Social Studies, 03.12.2019 21:31, yansaturnin

In a 1997 experiment, participants were first asked whether the indian leader mahatma gandhi died before or after a certain age, then were asked to guess the precise age at which gandhi died. people who were first asked whether or not gandhi died at age 9 gave an estimate (50 years) much lower on average than those who were first asked whether or not he died at age 140 (67 years).
this experiment is a perfect example of which of the following?
a. the anchoring effect
b. availability heuristic
c. loss aversio

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