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Social and Behavioral Sciences

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Georgia Southern University

Electronic Theses and Dissertations

Theses/Dissertations

2014

Anchoring

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Is Anchoring On Estimates Of Severity An Adaptive Heuristic?, Joy E. Losee Jan 2014

Is Anchoring On Estimates Of Severity An Adaptive Heuristic?, Joy E. Losee

Electronic Theses and Dissertations

Decisions to either to prepare or not prepare for weather threats involve uncertainty. Uncertainty in decision making often involves the potential for making either a false positive (preparing for a storm that never arrives) or a false negative error (not preparing for a real storm). Error Management Theory (EMT; Haselton & Buss, 2000) posits that, depending on the uncertain context, people select a decision-making strategy that favors one error over the other. Related to weather, research has shown that people prefer a false positive, or an overestimation (Joslyn et al., 2011). Particularly, this overestimation appears when people receive severe information …