When behavioral economists observe the "anchoring and adjustment" mechanism it always means that subjects anchor on the value suggested and then adjust upwards.

Name: When behavioral economists observe the "anchoring and adjustment" mechanism it always means that subjects anchor on the value suggested and then adjust upwards.
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There is no reason to assume that when anchoring and adjustment occurs that the subject always adjust upwards.

When Behavioral Economists Observe the "Anchoring and Adjustment" Mechanism It