Carey K. Morewedge
Boston University
Observational learningHigher educationIndustrial engineeringPsychologyEconomicsMicroeconomicsField (physics)Intertemporal choiceTraining (meteorology)Student debtDebiasingDecision aidsIntervention (counseling)Financial costsComputer scienceProcess (engineering)Realization (systems)Applied psychology
4Publications
1H-index
1Citations
Publications 6
Newest
#1Chang-Yuan Lee (BU: Boston University)
#2Carey K. Morewedge (BU: Boston University)H-Index: 1
We introduce a theoretical framework distinguishing between anchoring effects, anchoring bias, and judgmental noise: Anchoring effects require anchoring bias, but noise modulates their size. We test it by manipulating stimulus magnitudes. As magnitudes increase, psychophysical noise due to scalar variability widens the perceived range of plausible values for the stimulus. This increased noise, in turn, increases the influence of anchoring bias on judgments. In eleven preregistered experiments (N...
#1Alex Imas (U of C: University of Chicago)H-Index: 12
#2George Loewenstein (CMU: Carnegie Mellon University)H-Index: 145
Last. Carey K. Morewedge (BU: Boston University)H-Index: 1
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People exploit flexibility in mental accounting to relax psychological constraints on spending. Four studies demonstrate this in the context of moral behavior. The first study replicates prior findings that people donate more money to charity when they earned it through unethical versus ethical means. However, when the unethically-earned money is first “laundered”––the cash is physically exchanged for the same amount but from a different arbitrary source—people spent it as if it was earned ethic...
Source
#1Haewon Yoon (IU: Indiana University)H-Index: 5
#2Irene Scopelliti (Lond: University of London)H-Index: 8
Last. Carey K. Morewedge (BU: Boston University)H-Index: 1
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We find that observational learning, indirectly acquiring attitudes, norms, and skills by observing others, can be an effective debiasing intervention. Participants in a three-hour laboratory exper...
Source
#1Anne-Laure SellierH-Index: 7
#2Irene ScopellitiH-Index: 8
Last. Carey K. MorewedgeH-Index: 1
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Source
#1Haewon YoonH-Index: 5
#2Carey K. MorewedgeH-Index: 1
Last. Irene ScopellitiH-Index: 8
view all 3 authors...
Source
#1Masha KsendzovaH-Index: 5
#2Carey K. MorewedgeH-Index: 1
Last. Dan ArielyH-Index: 98
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